Rate Update March 31, 2010

It’s all over but the crying!!

No more rate holds at 3.89%, but if you have a live deal closing in the next 30 days I have one lender still keeping a 3.89% Quick Close rate. Although I don’t expect it to last the week!

Here’s an update of the current rates:

1 Year 2.55%
3 Years 3.29%
4 Years 3.64%
5 Years 4.19%
10 Years 4.99%

5 year 30 Day Quick Close 3.89%

Bank Prime Rate as of Mar 31/10 2.25%
3 yr Variable Rate = Prime -.50% 1.75%
5 yr Variable Rate = Prime -.50% 1.75%

* Rates are subject to change without prior notice.
* OAC

Regards,


Peter McKinnon
Mortgage Broker, Centum Pacific Mortgages
Cell 604.506.6789
Office 604.609.0333 Fax 604-687-1677
peter_mckinnon@centum.ca http://www.peterlmckinnon.com