Mortgage Rates

[tpurcell4]

Mortgage Rates
Edited March 13, 2015 @ 11:39am MST

Current rates:

Lowest Advertised Rates
Fixed Rates

1 Year: 2.69%; call for more details 403.700.9252

2 Year: 2.24%; call for more details 403.700.9252

3 Year: 2.39%; call for more details 403.700.9252

4 Year: 2.54%; call for more details 403.700.9252

5 Year: 2.54%; call for more details 403.700.9252

Variable

3 Year: 2.10% call for more details 403.700.9252

5 Year: 2.00% call for more details 403.700.9252

Disclaimer:
These rates are subject to strict qualifying criteria, and may have varying restrictions on the product such as quick close, limited payout, higher penalties, high ratio only (borrower must pay mortgage insurance premium), minimum mortgage amounts or other criteria.
These rates are not available for pre-approvals or rental/investment properties.

Please PM/Email/or call us for further information on any of the products and rates outlined below.

Best Rates for Pre-approvals

1 Year: 2.69%; 90 day rate holds available

2 Year: 2.24%; 120 day rate holds available

3 Year: 2.44%; 120 day rate holds available

4 Year: 2.54%; 120 day rate holds available

5 Year: 2.74%; 120 day rate holds available

7 Year: 3.39%; 120 day rate holds available

10 Year: 3.89%; 120 day rate holds available

5 Year Variable: 2.40%; 120 day rate holds available


Rate Spread for Non-Pre-approvals

1 Year: 2.69% - 3.09%; 30 - 120 day rate holds available

2 Year: 2.24% - 3.09%; 30 - 120 day rate holds available

3 Year: 2.39% - 3.29%; 30 - 120 day rate holds available

4 Year: 2.54% - 3.09%; 30 - 120 day rate holds available

5 Year: 2.54% - 3.19%; 30 - 120 day rate holds available

7 Year: 3.39% - 4.19%; 30 - 120 day rate holds available

10 Year: 3.89% - 4.69%; 30 - 120 day rate holds available

5 Year Variable: 2.00% - 3.20%; 30 - 120 day rate holds available

Open Variable: 3.80%; 120 day rate hold

HELOC: 3.10%

Prime Rate: 2.85%

Bank of Canada 5 Year posted: 4.74%

• *Some conditions may apply. On Approved Credit Only. Rate subject to change without notice.
• Above mentioned rates have 20/20 repayment privileges or better (certain ones are 15/15/double up, or 15/15/match a payment/miss a payment.
• All rates are good up to 25 year amortization
• 30 and 35 Year amortizations are available through select lenders
• Bank of Canada 5 Year posted is the rate used for qualifying for all mortgages with terms shorter than 5 year fixed or variable
  

In an effort to better serve Beyond members we will posting and updating the best rates being offered once per week. If there are any significant changes, there will be separate posts to announce these changes.

[tpurcell4]

Bond rate update:

As of today (current trade value at 11:45am)
1 Year: 0.600% - closed at 0.620% previous
2 year: 0.544% - closed at 0.577% previous
3 year: 0.550% - closed at 0.584% previous
4 year: 0.651% - closed at 0.691% previous
5 year: 0.849% - closed at 0.886% previous
7 year: 1.130% - closed at 1.157% previous
10 year: 1.468% - closed at 1.495% previous

For up-to-date bond yields go to: Investing.com

Oil is currently sitting at $45.13USD per barrel ($57.68CAD per barrel)
CAD is currently sitting at $0.7823 USD
Gold is currently sitting at $1,154 per ounce
Silver is currently sitting at $15.518per ounce

For up-to-date commodity figures, go to: Investing.com/Commodities

Canada's Unemployment rate, as of February 2015: 6.8% (an increase of 0.2% over January 2015)

Alberta Unemployment rate, as of February 2015: 5.3%, (an increase of 0.8% from January 2015)

For full employment summary go to Stats Canada

[tpurcell4]

Mortgage Rates
Edited March 17, 2015 @ 9:40am MST

Current rates:

Lowest Advertised Rates
Fixed Rates

1 Year: 2.69%; call for more details 403.700.9252

2 Year: 2.24%; call for more details 403.700.9252

3 Year: 2.39%; call for more details 403.700.9252

4 Year: 2.54%; call for more details 403.700.9252

5 Year: 2.49%; call for more details 403.700.9252

Variable

3 Year: 2.10% call for more details 403.700.9252

5 Year: 2.00% call for more details 403.700.9252

Disclaimer:
These rates are subject to strict qualifying criteria, and may have varying restrictions on the product such as quick close, limited payout, higher penalties, high ratio only (borrower must pay mortgage insurance premium), minimum mortgage amounts or other criteria.
These rates are not available for pre-approvals or rental/investment properties.

Please PM/Email/or call us for further information on any of the products and rates outlined below.

Best Rates for Pre-approvals

1 Year: 2.69%; 90 day rate holds available

2 Year: 2.24%; 120 day rate holds available

3 Year: 2.44%; 120 day rate holds available

4 Year: 2.54%; 120 day rate holds available

5 Year: 2.74%; 120 day rate holds available

7 Year: 3.39%; 120 day rate holds available

10 Year: 3.89%; 120 day rate holds available

5 Year Variable: 2.40%; 120 day rate holds available


Rate Spread for Non-Pre-approvals

1 Year: 2.69% - 3.09%; 30 - 120 day rate holds available

2 Year: 2.24% - 3.09%; 30 - 120 day rate holds available

3 Year: 2.39% - 3.29%; 30 - 120 day rate holds available

4 Year: 2.54% - 3.09%; 30 - 120 day rate holds available

5 Year: 2.49% - 3.19%; 30 - 120 day rate holds available

7 Year: 3.39% - 4.19%; 30 - 120 day rate holds available

10 Year: 3.89% - 4.69%; 30 - 120 day rate holds available

5 Year Variable: 2.00% - 3.20%; 30 - 120 day rate holds available

Open Variable: 3.80%; 120 day rate hold

HELOC: 3.10%

Prime Rate: 2.85%

Bank of Canada 5 Year posted: 4.74%

• *Some conditions may apply. On Approved Credit Only. Rate subject to change without notice.
• Above mentioned rates have 20/20 repayment privileges or better (certain ones are 15/15/double up, or 15/15/match a payment/miss a payment.
• All rates are good up to 25 year amortization
• 30 and 35 Year amortizations are available through select lenders
• Bank of Canada 5 Year posted is the rate used for qualifying for all mortgages with terms shorter than 5 year fixed or variable
  

In an effort to better serve Beyond members we will posting and updating the best rates being offered once per week. If there are any significant changes, there will be separate posts to announce these changes.

[tpurcell4]

Bond rate update:

As of today (current trade value at 9:45am)
1 Year: 0.575% - closed at 0.580% previous
2 year: 0.546% - closed at 0.534% previous
3 year: 0.559% - closed at 0.546% previous
4 year: 0.638% - closed at 0.632% previous
5 year: 0.834% - closed at 0.831% previous
7 year: 1.095% - closed at 1.098% previous
10 year: 1.431% - closed at 1.431% previous

For up-to-date bond yields go to: Investing.com

Oil is currently sitting at $45.08USD per barrel ($57.59CAD per barrel)
CAD is currently sitting at $0.7827 USD
Gold is currently sitting at $1,149.40 per ounce
Silver is currently sitting at $15.567per ounce

For up-to-date commodity figures, go to: Investing.com/Commodities

Canada's Unemployment rate, as of February 2015: 6.8% (an increase of 0.2% over January 2015)

Alberta Unemployment rate, as of February 2015: 5.3%, (an increase of 0.8% from January 2015)

For full employment summary go to Stats Canada

[tpurcell4]

Mortgage Rates
Edited March 26, 2015 @ 3:28pm MST

Current rates:

Lowest Advertised Rates
Fixed Rates

1 Year: 2.69%; call for more details 403.700.9252

2 Year: 2.24%; call for more details 403.700.9252

3 Year: 2.39%; call for more details 403.700.9252

4 Year: 2.54%; call for more details 403.700.9252

5 Year: 2.49%; call for more details 403.700.9252

Variable

3 Year: 2.10% call for more details 403.700.9252

5 Year: 2.00% call for more details 403.700.9252

Disclaimer:
These rates are subject to strict qualifying criteria, and may have varying restrictions on the product such as quick close, limited payout, higher penalties, high ratio only (borrower must pay mortgage insurance premium), minimum mortgage amounts or other criteria.
These rates are not available for pre-approvals or rental/investment properties.

Please PM/Email/or call us for further information on any of the products and rates outlined below.

Best Rates for Pre-approvals

1 Year: 2.69%; 90 day rate holds available

2 Year: 2.24%; 120 day rate holds available

3 Year: 2.44%; 120 day rate holds available

4 Year: 2.54%; 120 day rate holds available

5 Year: 2.69%; 120 day rate holds available

7 Year: 3.39%; 120 day rate holds available

10 Year: 3.89%; 120 day rate holds available

5 Year Variable: 2.40%; 120 day rate holds available


Rate Spread for Non-Pre-approvals

1 Year: 2.69% - 3.09%; 30 - 120 day rate holds available

2 Year: 2.24% - 3.09%; 30 - 120 day rate holds available

3 Year: 2.39% - 3.29%; 30 - 120 day rate holds available

4 Year: 2.54% - 3.09%; 30 - 120 day rate holds available

5 Year: 2.49% - 3.19%; 30 - 120 day rate holds available

7 Year: 3.39% - 4.19%; 30 - 120 day rate holds available

10 Year: 3.89% - 4.69%; 30 - 120 day rate holds available

5 Year Variable: 2.00% - 3.20%; 30 - 120 day rate holds available

Open Variable: 3.80%; 120 day rate hold

HELOC: 3.10%

Prime Rate: 2.85%

Bank of Canada 5 Year posted: 4.74%

• *Some conditions may apply. On Approved Credit Only. Rate subject to change without notice.
• Above mentioned rates have 20/20 repayment privileges or better (certain ones are 15/15/double up, or 15/15/match a payment/miss a payment.
• All rates are good up to 25 year amortization
• 30 and 35 Year amortizations are available through select lenders
• Bank of Canada 5 Year posted is the rate used for qualifying for all mortgages with terms shorter than 5 year fixed or variable
  

In an effort to better serve Beyond members we will posting and updating the best rates being offered once per week. If there are any significant changes, there will be separate posts to announce these changes.

If you have any questions please feel free to PM me or Click here to email me

[tpurcell4]

Bond rate update:

As of today (current trade value at10:03am)
1 Year: 0.595% - closed at 0.585% previous
2 year: 0.508% - closed at 0.490% previous
3 year: 0.495% - closed at 0.477% previous
4 year: 0.565% - closed at 0.540% previous
5 year: 0.752% - closed at 0.734% previous
7 year: 1.001% - closed at 0.0991% previous
10 year: 1.329% - closed at 1.316% previous

For up-to-date bond yields go to: Investing.com

Oil is currently sitting at $49.39USD per barrel ($62.15CAD per barrel)
CAD is currently sitting at $0.7945 USD
Gold is currently sitting at $1,198.90 per ounce
Silver is currently sitting at $16.663per ounce

For up-to-date commodity figures, go to: Investing.com/Commodities

Canada's Unemployment rate, as of February 2015: 6.8% (an increase of 0.2% over January 2015)

Alberta Unemployment rate, as of February 2015: 5.3%, (an increase of 0.8% from January 2015)

For full employment summary go to Stats Canada

[tpurcell4]

Mortgage Rates
Edited April 15, 2015 @ 9:28am MST

Current rates:

Lowest Advertised Rates
Fixed Rates

1 Year: 2.29%; call for more details 403.700.9252

2 Year: 2.19%; call for more details 403.700.9252

3 Year: 2.34%; call for more details 403.700.9252

4 Year: 2.49%; call for more details 403.700.9252

5 Year: 2.49%; call for more details 403.700.9252

Variable

3 Year: 2.10% call for more details 403.700.9252

5 Year: 2.00% call for more details 403.700.9252

Disclaimer:
These rates are subject to strict qualifying criteria, and may have varying restrictions on the product such as quick close, limited payout, higher penalties, high ratio only (borrower must pay mortgage insurance premium), minimum mortgage amounts or other criteria.
These rates are not available for pre-approvals or rental/investment properties.

Please PM/Email/or call us for further information on any of the products and rates outlined below.

Best Rates for Pre-approvals

1 Year: 2.69%; 90 day rate holds available

2 Year: 2.19%; 120 day rate holds available

3 Year: 2.34%; 120 day rate holds available

4 Year: 2.54%; 120 day rate holds available

5 Year: 2.69%; 120 day rate holds available

7 Year: 3.39%; 120 day rate holds available

10 Year: 3.89%; 120 day rate holds available

5 Year Variable: 2.40%; 120 day rate holds available


Rate Spread for Non-Pre-approvals

1 Year: 2.69% - 3.09%; 30 - 120 day rate holds available

2 Year: 2.19% - 3.09%; 30 - 120 day rate holds available

3 Year: 2.34% - 3.29%; 30 - 120 day rate holds available

4 Year: 2.54% - 3.09%; 30 - 120 day rate holds available

5 Year: 2.49% - 3.19%; 30 - 120 day rate holds available

7 Year: 3.39% - 4.19%; 30 - 120 day rate holds available

10 Year: 3.89% - 4.69%; 30 - 120 day rate holds available

5 Year Variable: 2.00% - 3.20%; 30 - 120 day rate holds available

Open Variable: 3.80%; 120 day rate hold

HELOC: 3.10%

Prime Rate: 2.85%

Bank of Canada 5 Year posted: 4.64%

• *Some conditions may apply. On Approved Credit Only. Rate subject to change without notice.
• Above mentioned rates have 20/20 repayment privileges or better (certain ones are 15/15/double up, or 15/15/match a payment/miss a payment.
• All rates are good up to 25 year amortization
• 30 and 35 Year amortizations are available through select lenders
• Bank of Canada 5 Year posted is the rate used for qualifying for all mortgages with terms shorter than 5 year fixed or variable
  

In an effort to better serve Beyond members we will posting and updating the best rates being offered once per week. If there are any significant changes, there will be separate posts to announce these changes.

If you have any questions please feel free to PM me or Click here to email me

[tpurcell4]

Special rate announcement:

3 year fixed rate - 45 day quick close - 2.15%
Must be insured through CMHC or Genworth

[o]Some conditions may apply, OAC, rates subject to change without notice[/i]

Cheers,

Todd

[tpurcell4]

Bond rate update:

As of today (current trade value at 11:16am)
1 Year: 0.705% - closed at 0.675% previous
2 year: 0.684% - closed at 0.678% previous
3 year: 0.694% - closed at 0.685% previous
4 year: 0.775% - closed at 0.768% previous
5 year: 0.994% - closed at 0.969% previous
7 year: 1.286% - closed at 1.240% previous
10 year: 1.602% - closed at 1.557% previous

For up-to-date bond yields go to: Investing.com

Oil is currently sitting at $59.06USD per barrel ($70.71CAD per barrel)
CAD is currently sitting at $0.8347 USD
Gold is currently sitting at $1,209.50 per ounce
Silver is currently sitting at $16.678 per ounce

For up-to-date commodity figures, go to: Investing.com/Commodities

Canada's Unemployment rate, as of March 2015: 6.8% (No change since February 2015)

Alberta Unemployment rate, as of February 2015: 5.3%, (Negligible change over February 2015, up 1.9% over March 2014). Losses in full time employment were offset by gains in part-time employment in Alberta for March.

For full employment summary go to Stats Canada

[tpurcell4]

Mortgage Rates
Edited July 3, 2015 @ 1:07pm MST

Current rates:

Lowest Advertised Rates
Fixed Rates

1 Year: 2.29%; call for more details 403.700.9252

2 Year: 2.19%; call for more details 403.700.9252

3 Year: 2.34%; call for more details 403.700.9252

4 Year: 2.49%; call for more details 403.700.9252

5 Year: 2.44%; call for more details 403.700.9252

Variable

3 Year: 2.10% call for more details 403.700.9252

5 Year: 2.05% call for more details 403.700.9252

Disclaimer:
These rates are subject to strict qualifying criteria, and may have varying restrictions on the product such as quick close, limited payout, higher penalties, high ratio only (borrower must pay mortgage insurance premium), minimum mortgage amounts or other criteria.
These rates are not available for pre-approvals or rental/investment properties.

Please PM/Email/or call us for further information on any of the products and rates outlined below.

Best Rates for Pre-approvals

1 Year: 2.69%; 90 day rate holds available

2 Year: 2.19%; 120 day rate holds available

3 Year: 2.34%; 120 day rate holds available

4 Year: 2.54%; 120 day rate holds available

5 Year: 2.69%; 120 day rate holds available

7 Year: 3.39%; 120 day rate holds available

10 Year: 3.89%; 120 day rate holds available

5 Year Variable: 2.25%; 120 day rate holds available


Rate Spread for Non-Pre-approvals

1 Year: 2.29% - 3.09%; 30 - 120 day rate holds available

2 Year: 2.19% - 3.09%; 30 - 120 day rate holds available

3 Year: 2.34% - 3.29%; 30 - 120 day rate holds available

4 Year: 2.49% - 3.09%; 30 - 120 day rate holds available

5 Year: 2.44% - 3.19%; 30 - 120 day rate holds available

7 Year: 3.39% - 4.19%; 30 - 120 day rate holds available

10 Year: 3.89% - 4.69%; 30 - 120 day rate holds available

5 Year Variable: 2.00% - 3.20%; 30 - 120 day rate holds available

Open Variable: 3.80%; 120 day rate hold

HELOC: 3.10%

Prime Rate: 2.85%

Bank of Canada 5 Year posted: 4.64%

• *Some conditions may apply. On Approved Credit Only. Rate subject to change without notice.
• Above mentioned rates have 20/20 repayment privileges or better (certain ones are 15/15/double up, or 15/15/match a payment/miss a payment.
• All rates are good up to 25 year amortization
• 30 and 35 Year amortizations are available through select lenders
• Bank of Canada 5 Year posted is the rate used for qualifying for all mortgages with terms shorter than 5 year fixed or variable
  

In an effort to better serve Beyond members we will posting and updating the best rates being offered once per week. If there are any significant changes, there will be separate posts to announce these changes.

If you have any questions please feel free to PM me or Click here to email me

[tpurcell4]

A quick update on the above:

45 day quick close for 3 year fixed: 2.25%, must be insured through CMHC or Genworth.

OAC, Some terms and conditions may apply, rates subject to change without notice

Happy Stampeding

[A790]

Todd helped me with the refinance of our townhouse and mortgage on the new place. Smooth sailing, save for one hiccup that he didn't cause but certainly fixed. Awesome experience all around

Still recommended

[sabad66]

Originally posted by A790
Todd helped me with the refinance of our townhouse and mortgage on the new place. Smooth sailing, save for one hiccup that he didn't cause but certainly fixed. Awesome experience all around

Still recommended

No doubt! Todd is great to deal with. He even accommodated a last-minute lender switch (even after i had signed up with someone else) which saved me an extra .05%

[tpurcell4]

It was great working with both of you! Thank you very much guys!

Cheers,

Todd!

[tpurcell4]

Happy Thanksgiving weekend Beyond! Please find our updated rate sheet!

[tpurcell4]

Happy Friday, have a great weekend!

[tpurcell4]

Good Afternoon!

Change to the HELOC rate. Now 3.20%.

[tpurcell4]

There have been a few changes to short term mortgage and variable rates. Please see the rate sheet below!

[tpurcell4]

Please see the attached financial indicators sheet (open value as of this morning, November 5th, 2015).

[tpurcell4]

Just a heads up that several lenders have made changes to their rates already, and others will be increasing their rates tonight. I will be posting an updated rate sheet on Monday once we have confirmed all of the new rate increases.

Here is a great article from Dr. Sherry Cooper, DLC's Chief Economist Job Strength Means Fed Hikes Rates

I have been asked numerous times lately if we expect rates to increase, and this is confirmation that yes, for most lenders rates are increasing, however one lender has reduced their rates slightly. There are a number of factors that affect the fixed rate market including:
- bond yields (which are currently up, and the 5 year bond has peaked over 1.00% for the first time in nearly a year)
- Inflation
- Employment/Unemployment
- Competition
- Bank quotas/funds available
- Time of year
- International monetary policy,
- etc.

There are a number of factors impacting rates currently, but one of the big factors right now is bank quotas/time of year and funds available. Why? November 30th marks the year end for many major banks and lenders. If the bank/lender has already met their targets or on track to meet their targets they will increase their rates this time of year as they no longer need to be as competitive. Those lenders that have not met their targets will keep their rates lower to pick up additional loans knowing competition is not as strong this time of year. This is also why in the new year, new specials come available from most banks/lenders as they have their new budgets and targets, and the goal is to fill their books with new loans.

As mentioned there are a number of parts that determine interest rates, and the new year may bring new changes, especially with a new government in place, and growth in the US, so it is difficult to predict what will happen with rate. If interest rates do start to rise it is a sign of strength in the Canadian economy.

Have an amazing weekend!

Todd