Archive for the ‘Mortgage Rates/ information’ Category
Tuesday, January 27th, 2015
DLC Weekly Rate Minder courtesy of Starr Webb Dominion Lending
Our Best National Rates
• Explore Mortgage Scenarios with Helpful Calculators on http://www.starrwebb.ca |
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| Terms |
Bank Rates |
Our Rates |
| 6 Month |
3.14% |
3.10% |
| 1 YEAR |
2.99% |
2.69% |
| 2 YEARS |
2.94% |
2.59% |
| 3 YEARS |
3.44% |
2.69% |
| 4 YEARS |
3.94% |
2.79% |
| 5 YEARS |
4.79% |
2.84% |
| 7 YEARS |
6.04% |
3.79% |
| 10 YEARS |
6.50% |
4.39% |
| Rates are subject to change without notice. *OAC E&OE |
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| Prime Rate is 3.00% |
| Variable rate mortgages from as low as Prime minus 0.70% |
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Tags: estate, home, home buyer, homes, house, improvements, kamloops, kamloops real estate, Kamloops realtor, linda klein, listings, market, monthly, mortgage, news, Real estate
Posted in Mortgage Rates/ information | Comments Off on Linda Klein Kamloops Real Estate Mortgage rates for week of Jan 26th 2015
Tuesday, January 27th, 2015
RBC cuts mortgage rate, price war coming?
It was always going to happen, but while last week the big lenders were reluctant to pass on the Bank of Canada’s interest rate cut to borrowers, this week there’s talk of a price war. Royal Bank of Canada is the first of the big banks to cut mortgage rates, dropping its five-year fixed rate deal to 2.84 per cent and also cutting its other fixed products. Flexible rates are unchanged though along with other lending from the bank. Of course, these rates are the bank’s published deals and brokers frequently secure better ones, but a ‘battle of the rates’ creating headlines can only help the perception that now is a great time to buy. How low those rates go is anybody’s guess, but there are already predictions of sub-two per cent mortgages.
Tags: analysis, home buyer, kamloops, kamloops real estate, linda klein, market, mortgage, real, real estate tips, real estate trends, realtor, statistics
Posted in Mortgage Rates/ information | Comments Off on RBC reduces mortgage rates
Tuesday, January 13th, 2015
DLC Weekly Rate Minder courtesy of Dominion Lending Centres
| Terms |
Bank Rates |
Our Rates |
| 6 Month |
3.14% |
3.10% |
| 1 YEAR |
2.99% |
2.69% |
| 2 YEARS |
2.94% |
2.59% |
| 3 YEARS |
3.44% |
2.69% |
| 4 YEARS |
3.94% |
2.79% |
| 5 YEARS |
4.79% |
2.89% |
| 7 YEARS |
6.04% |
3.79% |
| 10 YEARS |
6.50% |
4.39% |
| Rates are subject to change without notice. *OAC E&OE |
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| Prime Rate is 3.00% |
| Variable rate mortgages from as low as Prime minus 0.65% |
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Tags: kamloops, kamloops real estate, Kamloops realtor, linda klein, mortgage, real, Real estate, real estate tips, real estate trends, realtor, statistics
Posted in Mortgage Rates/ information | Comments Off on Weekly Mortgage rates for week of January 12th 2015
Wednesday, January 7th, 2015
At this time of year, especially if we were extra generous with our gift giving, it’s important to review the top factors that can lower our credit scores. Please also see “Tips to Improve Your Credit Rating” on the left in this issue of the Mortgage Financing Journal.
- There are too many consumer finance company accounts on your credit report. Having too much available credit can hurt your score. If you have several consumer accounts try to consolidate those balances and close the accounts.
- Your account balances are too high. As a rule of thumb keep your credit card balances below 35% of the available limit. High balances ongoing will negatively affect your credit score.
- There is not enough recent revolving account information on your credit report. Using your credit cards regularly is an important part of building healthy credit.
- There have been multiple lending institutions pulling credit reports on you. This is part of the advantage of using a Mortgage Broker; we pull one credit report and then go to several lenders vs. having several lenders each pulling your credit bureau.
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Tags: analysis, buyer, buying, estate, improvements, kamloops, kamloops real estate, linda klein, market, monthly, mortgage, Real estate, realtor, statistics
Posted in Mortgage Rates/ information | Comments Off on The top factors that make your Credit Score lower
Tuesday, January 6th, 2015
DLC Weekly Rate Minder Courtesy of Dominion Lending
| Terms |
Bank Rates |
Our Rates |
| 6 Month |
3.14% |
3.10% |
| 1 YEAR |
2.99% |
2.69% |
| 2 YEARS |
2.94% |
2.59% |
| 3 YEARS |
3.44% |
2.69% |
| 4 YEARS |
3.94% |
2.79% |
| 5 YEARS |
4.79% |
2.89% |
| 7 YEARS |
6.04% |
3.79% |
| 10 YEARS |
6.50% |
4.39% |
| Rates are subject to change without notice. *OAC E&OE |
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| Prime Rate is 3.00% |
| Variable rate mortgages from as low as Prime minus |
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Tags: analysis, buy, buyer, buying, estate, home buyer, kamloops, kamloops real estate, linda klein, monthly, mortgage, Real estate, realtor, statistics
Posted in Mortgage Rates/ information | Comments Off on Mortgage rates for week of Jan 5th 2015
Tuesday, December 16th, 2014
DLC Weekly Rate Minder Courtesy of Dominion Lending
| Terms |
Bank Rates |
Our Rates |
| 6 Month |
4.00% |
3.95% |
| 1 YEAR |
3.09% |
2.69% |
| 2 YEARS |
3.04% |
2.59% |
| 3 YEARS |
3.44% |
2.69% |
| 4 YEARS |
3.94% |
2.87% |
| 5 YEARS |
4.79% |
2.89% |
| 7 YEARS |
6.04% |
3.79% |
| 10 YEARS |
6.50% |
4.39% |
| Rates are subject to change without notice. *OAC E&OE |
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| Prime Rate is 3.00% |
| Variable rate mortgages from as low as Prime minus 0.65% |
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Tags: analysis, buyer, estate, home buyer, homes, housing, kamloops, kamloops real estate, linda klein, mortgage, realtor, statistics
Posted in Mortgage Rates/ information | Comments Off on Weekly Mortgage Rates for December 15th 2014
Wednesday, December 3rd, 2014
Comparing November 2014 to October 2014
| |
November 2014 |
October 2014 |
Difference |
| Number of New Listings |
267 |
336 |
20.54% DOWN |
| Residential Units Sold |
146 |
214 |
31.78% DOWN |
| Avg. Days on Market |
77 |
73 |
5.48% UP |
| List to Sell Price Ratio |
97.79% |
96.95% |
0.87% UP |
| Median Residential Price |
$355,000 |
$360,000 |
1.39% DOWN |
| Total Monthly Sales $$ |
$42,443,621 |
$68,829,965 |
38.34% DOWN |
| Active Listings |
1789 |
1945 |
8.02% DOWN |
*The above information is from sources deemed reliable but it should not be relied upon without independent verification.
Tags: analysis, estate, improvements, kamloops, kamloops real estate, linda klein, market, mortgage, news, Real estate, realtor, statistics
Posted in Mortgage Rates/ information | Comments Off on Comparative Statistics for Kamloops House sales(Residential Only) November to October 2014
Tuesday, November 25th, 2014
Prime Rate is 3.00% Variable rate mortgages from as low as Prime minus 0.65%
Courtesy of Starr Webb Dominion Lending
| Terms |
Bank Rates |
Our Rates |
| 6 Month |
4.00% |
3.95% |
| 1 YEAR |
3.09% |
2.69% |
| 2 YEARS |
3.04% |
2.59% |
| 3 YEARS |
3.44% |
2.69% |
| 4 YEARS |
3.94% |
2.74% |
| 5 YEARS |
4.79% |
2.89% |
| 7 YEARS |
6.04% |
3.79% |
| 10 YEARS |
6.50% |
4.39% |
| Rates are subject to change without notice. *OAC E&OE |
Tags: analysis, buy, buyer, home buyer, kamloops, kamloops real estate, linda klein, market, monthly, news, statistics, trends
Posted in Mortgage Rates/ information | Comments Off on Weekly mortgage rates for November 24th 2014
Tuesday, November 18th, 2014
Prime Rate is 3.00% Variable rate mortgages from as low as Prime minus 0.65%
Courtesy of Starr Webb Dominion Lending
| Terms |
Bank Rates |
Our Rates |
| 6 Month |
4.00% |
3.95% |
| 1 YEAR |
3.09% |
2.69% |
| 2 YEARS |
3.04% |
2.59% |
| 3 YEARS |
3.44% |
2.69% |
| 4 YEARS |
3.94% |
2.74% |
| 5 YEARS |
4.79% |
2.89% |
| 7 YEARS |
6.04% |
3.79% |
| 10 YEARS |
6.50% |
4.39% |
| Rates are subject to change without notice. *OAC E&OE |
Tags: buying, home buyer, housing, improvements, kamloops, kamloops real estate, linda klein, monthly, mortgage, Real estate, realtor, statistics, trends
Posted in Mortgage Rates/ information | Comments Off on Weekly mortgage rates for November 17th 2014
Tuesday, November 11th, 2014
| Terms |
Bank Rates |
Our Rates |
| 6 Month |
4.00% |
3.95% |
| 1 YEAR |
3.09% |
2.69% |
| 2 YEARS |
3.04% |
2.59% |
| 3 YEARS |
3.44% |
2.69% |
| 4 YEARS |
3.94% |
2.74% |
| 5 YEARS |
4.79% |
2.89% |
| 7 YEARS |
6.04% |
3.79% |
| 10 YEARS |
6.50% |
4.39% |
| Rates are subject to change without notice. *OAC E&OE |
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| Prime Rate is 3.00% |
| Variable rate mortgages from as low as Prime minus 0.65% |
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| Courtesy of Dominion Lending |
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Tags: analysis, buy, buyer, buying, kamloops real estate, linda klein, monthly, mortgage, news, statistics, trends
Posted in Mortgage Rates/ information | Comments Off on Kamloops Real Estate Linda Klein Weekly mortgage rates November 10th 2014
