Mortgagesisters.com

The Bank of Canada has lowered its prime rate to 5.20%. If you’re in a variable rate mortgage or a line of credit, expect your rates to go down next month. If you would like to discuss your upcoming mortgage renewal, purchase or refinance- reach out I would be happy to discuss your personal situation.

The Bank of Canada has increased prime from 6.95% to 7.20% - anyone in a variable rate or line of credit product expect your payments to go up.
If your mortgage is coming up for renewal, look at a shorter term in anticipation that rates will be lower next year.
If you have any questions, you can reach out to discuss your personal needs.

Is your mortgage coming up for renewal?.

Don't just sign your renewal, without contacting us to discuss your personal situation.