Variable Rates on the Move
Two major banks have cut their Variable rate discounts to Prime – 0.45%. The rest of the lenders may follow the suit shortly. If you are in the market for a Variable rate mortgage it makes sense to get a rate hold for 90 – 120 days ASAP. On the other hand fixed rates are just fantastic right now, so anyone leaning in that direction also should be getting a rate hold as well.
I work with several great mortgage brokers in town and we still have access to some great rates, so if you know someone who is considering a mortgage please have them contact me immediately so I can help them secure today’s rate for up to 120 days.
Category: Real Estate
About the Author (Author Profile)
I'm a full-time Real Estate Broker. Active in my community, I support various charities and sit on various Boards including a not-for-profit real estate association. I am an author, a blogger, and a speaker in the field of real estate, marketing, and technology. If you are looking to buy, sell, or invest in Real Estate, I will go the "extra mile" to provide you with the best possible experience -- with integrity, passion, innovation, and caring service. Call me today. Thank you for your trust.Subscribe
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