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Karen Boies

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    • 19NOV
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      Deeper Variable Rate Discount

      Just moments after major lenders, led by RBC, announced rate reductions on their posted fixed rates Merix Financial also announced a deeper discount to their variable rate mortgage. Merix Financial is now offering a 3 year closed variable rate term at Prime minus 0.25%. Effective today that means a rate of 2.00%. This is now

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    • 19NOV
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      Caution! Falling Rates…

      RBC has led the way again… announcing yesterday that they have lowered their fixed interest rates by the following. 5 year posted fell .15% to 5.59% 1,2 & 3 year terms fell .20% Shortly after this announcement, BMO matched the drop and TD decided ONLY match the 5 year drop. The other majors (CIBC &

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    • 18NOV
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      RBC Lowers Mortgage Rates

      RBC  led the pack today by lowering rates on all their fixed rate terms. This was quickly followed by BMO, with TD only choosing to match the 5 year term reduction. No word from the other majors as of this posting.

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