Kim Bowles
Mortgage Broker Lic # 12018
Read Kim  Bowles's Blog Go to Kim  Bowles's Website

Market Update August 2014

Updated Wednesday, August 6, 2014  ::  Views (1195)

Hi to all of Glenn's Clients

Here is an update on some facts for August 2014  

The bond rate has continued to inch downwards the past several weeks. 5 year funds are in the high 2% range(2.89-3.04%) range.
Variable rate mortgages are in the 2.35-2.45% range.

If your mortgage is renewing in the next 6 months or you are thinking of refinancing, I strongly recommend you start the process now.

If you have a variable rate of any more than prime +.25 or a fixed rate of 4.25% or more, we should explore the merits of refinancing to a lower rate.  It may result in savings of thousands of dollars and a longer term at today's record low rates.     
Contact me for a free, no obligation review. Spending a few minutes could save you thousands of dollars.

Bank prime is 3.00%

Next Bank of Canada update is Sept 3rd

P.S. If you, your family, or co-workers require guidance on current market trends, please call me, I am always available to help.

Call me today right now for your personal evaluation of what we can do for you to make life better  905 454 7761 or email      See website for all disclosures. 





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