6 February 2008
Mortgage Rate Update
Posted by Ryan Coffey under: Mortgage rate updates .
Hi Ryan,
Markets remain unsettled as negative news continues in the US. Although markets started to rally today, we are in for a rocky road for months to come on the financial markets. This reinforces the likelihood of the predicted rate cuts that have been alluded to in the forecasts. This could offer some good opportunities in the coming months to get some great rates on your purchases.
Our best fixed 5 year closed is 5.64 on a special.
Michael
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Michael Ledingham - Licensed Mortgage Broker