Lethbridge Real Estate - Lethbridge Mortgage Rates
Here is a heads up to anyone who has been watching Lethbridge interest rates and waiting to make a move. The bond market went crazy in Canada the past 2 days and by the end of today it will be even crazier. This is putting huge pressure on interest rates to rise, as the lenders like to maintain a spread between the bond rate and the fixed long term mortgage rates.
Expect to see the 5 year fixed interest rates rise by at least .50% (thats half a percent!) before Monday. I urge anyone who is sitting on the fence to get off their butts and get their financing or pre-approvals done ASAP! I even expect that some lenders will jump the gun and raise rates before the close of business today. Contact your Lethbridge Mortgage Broker today. Contact your Lethbridge Realtor today. Get on it.
If you are in a variable mortgage, this may not be an issue today, but it will soon. Rates are moving up a bit and they are doing it NOW.
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Robert May is a Realtor, as well as the broker and owner of Rainbow Realty of Lethbridge Alberta . He is also a licensed Lethbridge mortgage broker and financing expert with Canada First Mortgage of Calgary Alberta. He has been in the Lethbridge real estate industry since 1993 and offers full Lethbridge real estate services to Lethbridge and surrounding area, as well as Lethbridge mortgage financing, mortgage refinancing , preapprovals, and Lethbridge loans financing to Lethbridge and Southern Alberta. He can be found online at this link: mortgage broker Lethbridge
Let me share my 16+ years experience in the local Lethbridge real estate and financing market with you! It is the first step towards making a profitable real estate decision.
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