Fixed Mortgage Rates moving up

The bond is up by more than 22 points in the last few days.  We have already seen some movement at the bank level, and expect to see movement early next week if the bond stays where it is at – see links below.

Are you pressed for time and with fixed rates rising, please call me today to find out about locking in a rate for 120 days.     It only takes 2 minutes (time is guaranteed) to request a Rate Hold*.

* ”Rate Hold”:    this is not a mortgage pre-approval application.   On applicant’s request to proceed, with the rate hold offer, all applicants are required to complete a mortgage application.  The lender reserves the right to either accept or decline, any applicant, based on their review of the applicant(s) submitted mortgage application(s).  This review involves the verification of personal credit report history and verification of income.

See link:  http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:RY-1650239&symbol=RY&news_region=C

See link:  http://www.tmxmoney.com/HttpController?GetPage=BondsAndRates&Language=en

This blog post was written by Elizabeth Blair on October 12, 2009.  Elizabeth Blair is a Licensed Mortgage Agent with Mortgage Edge in Richmond Hill, Ontario.  Elizabeth services mortgage clients in Mississauga and all over the Greater Toronto area.   You can contact Elizabeth directly by phone at (905) 510-5785

by email at eblair@mortgageedge.ca

or you visit her website at:    http://www.missmortgage.ca

Elizabeth is licensed with the Financial Services Commission of Ontario and is also a Member of IMBA (the Independent Mortgage Brokers Association of Ontario) http://www.imba.ca

Lic # M08005880 / Brokerage Lic # 10680

Head office is located at:  15 Wertheim Court, Suite 210, Richmond Hill, Ontario, Canada.