Latest Mortgage Rates

Term OUR RATES Banks
Updated August 8, 2010 0.0 % 0.0 %
Variable ARM 2.05 % 2.65 %
1 Year Closed 2.60 % 3.75 %
2 Year Closed 3.04 % 4.05 %
3 Year Closed 3.54 % 4.65 %
4 Year Closed 3.74 % 5.25 %
5 Year Closed 3.65 % 5.85 %
50/50 Mortgage 3 yr 2.87 % 0.00 %

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Preapprovals for mortgages


Before purchasing a home it is sometimes a great idea to get a mortgage pre-approval first. This allows you to secure your rate for up to 120 days and gives you a good idea for which house price range you should be looking to buy.

It can be hard finding that home of your dreams and can be frustrating if your not prepared. If you know ahead of time how much you can afford then you have the confidence in knowing that you have the financing for your home purchase.

 

For a mortgage pre-approval call me today or apply through our secure online mortgage application


To help give you a better understanding of what you can afford and what your pre-approval may be, please take a look at our mortgage calculator.


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