Mortgage Rates Continue To Go Down

Because the Canada Bonds Yield has been continuing go down due to the Canadian economics, the mortgage rates have gone down to a new level and may stay at lower level in the early of 2015.

Mortgage Promotion Ended But Still Keeps The Lowest

The mortgage promotion for 5 year variable rates was ended today and all 5 year variable rates are increased by 2 points to 2.23%/2.25% from now on. These rates are still the best and lowest rates in Ontario. All borrowers should apply for it as soon as possible because these rates may be terminated any [...]

CBMR Mortgage Starts To Provide Best and Lowest Mortgage Rates 2014

CBMR Mortgage, as a leading mortgage broker, continues to provide the best and lowest mortgage rates to Ontario mortgage borrowers. This promotion is not from the lenders, is from the CBMR Mortgage brokerage. It will be terminated any time without notice. All mortgage borrowers must apply these rates online only.

2.89% for 5 Year Fixed Will Be Terminated Tomorrow Afternoon! Hurry Up!

2.89% for 5 Year Fixed Will Be Terminated Tomorrow Afternoon! Hurry Up if you like this rate. Our deadline will be until tomorrow 3:00pm. All clients must have major support documents ready to apply (purchase agreement, pay stubs and 3 month bank statement for new purchase; mortgage statement, property tax bill and pay stubs for [...]

Variable and Fixed Rates Are Dropping

As our forcast on Dec. 13, 2013, the variable and fixed mortgage rates significantly dropped from last friday.

Mortgage Rates Dropped Down 2 Days Ago

As we estimated in December 2013, the mortgage rates stared to drop down 2 days ago after the insufficient performance of the econimics and Canada Bonds Yields. More competitions in the mortgage industry may cause more and more discount for the fixed mortgage rates and variable rates from now on. This is a good news [...]

Fixed Rates May Dropping Again

Due to recent Bonds Yields is dropping slightly, the fixed rates from 2 years to 5 years may drop down again.

Mortgage Rates Become More Competitive Now

After almost a year of stability, the mortgage rates of the current market become more and more competitive even though the Canada Bonds Yield is increasing. In 2013, many banks still set a higher expectation of mortgage sales revenue based on the revenue of previous year, but the real estate market has been successfully controlled [...]

Mid-Long Term Fixed Rates Will Change?

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!

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.