December Mortgage Rates in Calgary

December 23, 2008  
Filed under Mortgage Rates

1 year: 4.35%
2 year: 5.05%
3 year: 4.84%
4 year: 4.79%
5 year: 4.89%
7 year: 5.80%
10 year: 5.95%
Variable/ARM: 4.10%
HELOC: 4.50% Read more

Fixed Rate Mortgages

December 22, 2008  
Filed under Mortgage Options

Fixed rate mortgages are mortgages that offer a set interest rate to you for the entirety of your mortgage term. That means that if you have a five year term, your mortgage interest rate will stay the same for those five years. Read more

Adjustable Rate Mortgages

December 22, 2008  
Filed under Mortgage Options

An adjustable rate mortgage is perfect for someone who wants to save as much money as possible. However, you must be able to tolerate the increases and decreases of an adjustable interest rate. Read more

Calgary Mortgage Rates for November

November 27, 2008  
Filed under Mortgage Rates

In November we’ve seen mortgage interest rates continue to climb slowly. This is mostly due to the fact that mortgage lenders are being pressured to be more liquid, and the higher costs of financing mortgages in today’s credit and economic environment. Read more