First-time buyers in major Canadian markets move to get in ahead of higher interest rates, says RE/MAX
To read the full national press release & first-time buyers report please follow the above link.
Below are the present rates available however I just rec’d communication from one of the lenders that their 5 year fixed term (effective tomorrow) is increasing by .30% to around the 4.34% range which is significant…
* 5 year fixed from 3.65% to 4.04%
* 5 year variable @ Prime less .90%