Mortage Rates Are On The Rise in Edmonton
Mortgage rates are on the rise. If you have been thinking about buying you might want to do sooner than later.
We’re seeing most all lenders now up to the 3.19% 5yr fixed term rates or higher on pre-approvals. The bond markets are still showing signs of movement, so it could go up a bit from here. If you are thinking of purchasing, refinancing, or renewing within the next 90-120 we encourage you to do a pre-approval and get a rate hold locked in through us.
If you are seeking an approval on your purchase, refinance, or renewal, then there are a couple non-preapproval lenders that can offer a slightly lower rate on approvals only. Also, if your financing closes or can close in 30 days or less you can obtain a quick close discount closer to the 2.99% range right now.
If you are thinking about buying a home within the next 4 months you should call in to get pre-approved to lock in today’s interest rates.
For more information call Chita at 780-932-2225 or visit: http://www.edmontonmortgagesource.com/
Tags: economy, mortage rates, mortgages
