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Hang on to your hats! The lowest prime rate in history is soon to be followed by the lowest mortgage rates in Canadian history. Couldn't come at a better time. For those of your looking to purchase a home, I am recommending a pre-approval to lock in you best mortgage rate, however be sure the mortgage broker you are working with keeps close tabs on the mortgage rates and adjusts the rate shoud they go down before closing ,to ensure you get the maximum savings. If you have any questions about the mortgage strategie that best suits you, I'm here to help. 1-800-687-9020 or send me an email at This email address is being protected from spambots. You need JavaScript enabled to view it.