Wendy Goodsir’s Blog ~ Mortgage Associate

Mortgage Interest Rates

as of

January 21,2009

Term                              Best Rates           Posted Rates

6 Months                            5.20%                   5.90%

1 Year                                3.50%                   5.50%

2 Year                                4.90%                   5.80%

3 Year                                4.95%                   5.75%

4 Year                                4.39%                   6.05%

5 Year                                4.49%                   6.45%

Variable Rate                     3.80%                   4.00%

Refinance or purchase today with interest rates as low at 3.80%

Call today!

Ask me about down payment options ~ 100% financing available!

Mortgage Interest Rates

as of

January 16, 2009

Term                              Best Rates           Posted Rates

6 Months                            5.90%                   6.10%

1 Year                                4.00%                   4.00%

2 Year                                4.90%                   6.25%

3 Year                                4.95%                   6.25%

4 Year                                4.69%                   6.09%

5 Year                                4.69%                   6.75%

Variable Rate                     4.30%                   4.50%

**Rates are subject to change with out notice and OAC

Are you looking to purchase a new home?  If so, it would be wise to utilize the services of myself your Mortgage Broker to ensure you get yourself the best interest rate possible.  My role will be to act as a liaison between you and the lender providing you with the best rate and service available.  I do not work strict business hours, so you can feel free to contact me whenever the need arises.
At the moment, RBC, CIBC and BMO all have a 5 year fixed posted rate of 6.75%. If you were to work with me, you could currently receive an interest rate of 4.69%! (01-16-2009)
What does this mean? On a $250,000 mortgage amortized over 25 years with a 5 year term, your payment difference between 6.75% and 4.69% equates to $302.41 in savings per month! Even more important, over the same 5 year term you would also save $24,854 in interest! That $24,854 could be used for other investments over the 5 year term which would put even more money in your pocket! So, if you require mortgage assistance or have any questions please don’t hesitate to give me a call!  (rates are subject to change also subject to credit approval)

Call me TODAY and lets discuss your situation!

Wendy Goodsir

wgoodsir@mortgagebrokers.com

403-540-6244