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Mortgage Rates in Canada Remain the Same

Since the announcement January 19 2011 by Jim Flaherty on the new mortgage rule changes, mortgage interest rates have not and are not expected to change much in the near future. “The reduction in amortization from 35-30 years has created a bit of a mortgage thrust in applications however the overall changes have created less of a stir than some predicted” comments Jared Dreyer, Vancouver Mortgage Brokers and President of Dreyer Group Mortgages. To find out more about the new mortgage rule changes and how they will effect your mortgage application, contact an independent mortgage professional at Dreyer Group Mortgages.
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