MyMortgageBC.com is Please to announce a recent reduction of the 5 Yr Mortgage Fixed Rate.
Sept 29, 2006
MyMortgageBC.com's mortgage broker would like to advise current and future mortgage clients of a recent mortgage rate drop. The best 5 year fixed term mortgage rate offered in the vancouver market right now is 5.20%. This is as low as we've seen the mortgage rates in quite some time. The drop in long term mortgage rates reflects the current trend in the long term bond market. It's unusual to see an inverted yield curve such as the one we have now where the five year fixed rate is equivalent to a variable mortgage rate. We are advising anyone in considering getting into the home market to take advantage of the current low five year fixed interest rate.
For further information about obtaining a pre-approved mortgage please contact mortgage broker Brent Irving. The call is no obligation or cost and could save you thousands.