Good Morning.
The Royal Bank just has increased rates on 3, 4 & 5 year fixed mortgage rates by 20, 40 and 60 basis points respectively. Since all mortgage lenders base spreads on the same bond market it is likely other lenders will follow shortly.
If you are considering a purchase, renewal or refinance, there is still time to beat this rate increase. Call us to get a free, no obligation quote.
Have a great week everyone.
Monday, March 29, 2010
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