CBMR Mortgage - Canada Best Mortgage Rates Broker

Mid-Long Term Fixed Rates Will Change?

admin — Mon, 23 Apr 2012 14:13:10 +0000

3, 4, 5 year fixed rates may change in the near future because all mid and long term fixed mortgage rates are based on the changes of Canada Bonds Yield. Borrowers need to check the Bank Of Canada Website frequently for these fixed rates.

Fixed Rates Gone Up from Today Midnight!

admin — Fri, 30 Mar 2012 22:00:06 +0000

Most Banks and major lenders increased their fixed rates today, some will increase from next Monday. This time, about 0.20% to 0.30% are adjusted for most 3, 4 and 5 year fixed rates. The variable rates still keep the same, but it may drop a little in the near future.

Most Lenders/Banks Decrease 4,5 and Variable Rates

admin — Mon, 12 Mar 2012 16:08:46 +0000

Most banks and other mortgage lenders started to decrease 4 year fixed rate, 5 year fixed rate and variable rates since last Friday or Today. CBMR conitnues to provide more discount rates to the borrowers and keep one of the lowest and best mortgage rates providers in Ontario, Canada.

Banks Start To Increase 4 & 5 Year Fix Rates

admin — Sat, 11 Feb 2012 01:02:39 +0000

Some major banks and lenders started to increase the 4 year and 5 year fixed rates from 2.99%/3.19% to 3.19%/3.39% from today. Some lenders will increase from Feb. 13, 2012. CBMR Mortgage hopes clients to apply for the 4 and 5 year fixed rates during this weekend, so that the clients can get the lowest mortgage rates they can.

Banks Reduced the fixed rates

admin — Thu, 26 Jan 2012 17:34:43 +0000

Most banks reduced the mortgage fixed rates of 4 and 5 years. CBMR Mortgage continues to offer the clients the one of lowest buying down rates in Canada.

Fixed Rates DROPPING DOWN

admin — Sat, 06 Aug 2011 15:56:36 +0000

After the American Bonds have influenced the world financial market since last several days, the Canadian Bond Yields are dropping down significantly during the last 3 days. On Aug. 2, 2011, the Yield for 5 years dropped from 2.05% to 1.86%; on Aug. 4, 2011, it continually dropped from 1.88% to 1.66%. If this influence continues, all fixed [...]

Canadian Variable Rates Are Going Up, Fixed Rates Keep Stable

admin — Sun, 01 May 2011 19:31:11 +0000

After the lowest mortgage lender – IA terminated the promotion rate of Prime-0.95% on last Thursday, most lenders increased their 3 year and 5 year variable rates from Prime-0.75% ~ 0.90% to Prime-0.60% ~ 0.75%. From May 2, 2011 (Monday), all lenders will publish or execute the new variable rates. CBMR Mortgage will publish those changes [...]

The Lowest Mortgage Rates Will Go Up From Next Monday!

admin — Fri, 08 Apr 2011 16:11:11 +0000

CBMR has received some lenders’ notice that the rates will go up next Monday. Borrowers must submit online applications before this Sunday for locking the recent lowest rates.

Fixed Rates Is Dropping Slightly

admin — Tue, 29 Mar 2011 17:36:59 +0000

Many lenders have adjusted the 3, 4 and 5 year fixed rates slightly down since last week, because the Canada Bond’s Yields for these terms have dropped for several weeks. Please visit the Bank Of Canada for detail.

Fixed Rates Went Up From Yesterday

admin — Wed, 09 Feb 2011 15:22:51 +0000

Some banks including major banks adjusted the fixed rates yesterday due to the Canada Bonds yield. It’s said more and more small lenders will adjust the fixed rates these days. Pleople who want to apply for the fixed rates need to apply as quickly as possible.