So much uncertaintity in the market place
regarding mortgage rates. The big "R" has been haunting the US
economy over the past few weeks - is a recession looming?
We've experienced an increase in mortgage rates at the end of
December, only to have Lender's rethink their motives and decrease
rates two weeks later. Rates are still over-inflated.
Bank of Canada meets again at the end of this month. Projections
are with the Bank of Canada, who economists/analysts, predict will
decrease the prime rate by 125 bps. You read correctly, 125 bps! is
correct. With such a decrease imminent, Lending institutions will
most certainly have to lower rates. This will certainly bode well
for the typical uptick in real estate sales during the Spring
months.
Thursday, 17 May 2012
Green Hosting
Corporate Office
#308 - 15252 32nd Avenue
South Surrey, BC V3S 0R7
Telephone: 604.536.3802
(For all correspondence)
Verico Broker Network
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About Dreyer Group
Dreyer Group is a member of the VERICO mortgage brokers network. We can help anyone nationwide, but we primarily serve BC residents in the lower mainland including Surrey, South Surrey, White Rock, Langley, Delta, Vancouver, North Vancouver, West Vancouver, Burnaby, New Westminster and Coquitlam. Dreyer Group Mortgages can provide mortgage solutions to US residents, non-residents, new immigrants and the rest of Canada. No matter where our clients are located, we are committed to providing the best mortgage rates and options in the marketplace.
About Verico
VERICO is a national mortgage brokers network. As an assembly of independently owned and operated mortgage brokers, VERICO brokers are comprised of the most trusted mortgage professionals in Canada that adhere to the highest standards of service based on professionalism, expertise and ethics. The VERICO Mortgage Network includes over 40 of Canada's most respected mortgage lenders and insurance suppliers.
