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Interest Rates are Getting Even Better as we Approach the Spring Market

As we approach the spring housing market lending institutions are starting to get very competitive and rates have started to fall. Fixed rates, especially the most popular 5 year fixed, have been going down since the fall and may even get a bit lower. Discounts on variable rate mortgages have also increased making it a little easier to make that mortgage payment. 
 
Here are the best rates we are offering here at Mortgage Alliance West:
 
1 & 3 year fixed are at 2.89%
2 year fixed is at 2.69%
4 year fixed is at 3.29%
 
5 year fixed is at 3.19%
 
 
5 year variable at Prime - .50% or 2.5%
 
Tony

Tony Marchigiano | 1-155 Water Street
Mortgage Broker | Vancouver, BC
 
cell: 604 505 7109
fax: 604 909 4666

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