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.