JULY
2010
Well,
I hope you're enjoying your Summer and hopefully continued good
weather! The first six months have been great and there appears
to be stability for the second half of the year. The
BIG, BAD HST is now implemented and may result in the new home buyer
going back to a new home build once the new home builders start
burying the HST in their pricing! Those
buyers may have helped "fuel" the extremely heated Spring
market and may result in more normal Summer and Fall markets. Interest
rates are still just over 4% for a 5 year term or approximately
$1100/month for a $200,000 mortgage.
It's
a great time to step up!
Enjoy
the weather and hopefully some holiday time with your families!
Best
regards,
Lenard
Lind
CENTUM
Lind Financial Services Inc.
Residential
Mortgage Rates*:
| 1 Year
Closed |
2.64% |
| 2 Year Closed |
3.15% |
| 3 Year Closed |
3.49% |
| 4 Year Closed |
4.29% |
| 5 Year Closed |
4.19% |
*Rates
subject to change at any time without notice.
Contact
our office for current rates.
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