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Get To Know Us
At Elite Mortgage Team, we have access to a wide- range of competing lenders so we can evaluate all the mortgage options available in the marketplace. When you get us working on your behalf, we will analyze your situation and then do the comparison shopping to find the right combination of mortgage features, options and rate to meet your needs. We will look after every detail of the mortgage search and resulting negotiations and you will get the best rate possible for the type of mortgage that meets your personal financial situation. To find out the best rate for a mortgage tailored to your needs, contact The Elite Mortgage Team!
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Bank of Canada Slashes Interest Rates |
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OTTAWA - The Bank of Canada dropped its key lending rate by half a percentage point, and indicated that further cuts will be needed to insulate Canada from the effects of a U.S. economy that teeters on the brink of recession.
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Read More.... |
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Rates - Effective March 7, 2008 |
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| Term |
Market Rate |
Our Best Rate |
| Adjustable |
5.75% |
4.55% |
| 1 year |
7.2% |
5.20% |
| 2 year |
7.30% |
5.37% |
| 3 year |
7.30% |
5.57% |
| 4 year |
7.20% |
5.49% |
| 5 year |
7.29% |
5.64% |
| 7 year |
7.65% |
6.15% |
| 10 year |
8.49% |
6.25% |
**Market rate is the posted rate offered by the majority of Canadian financial institutions
***O.A.C - On Approved Credit. Certain conditions may apply. Rates subject to borrower, property qualification and may change without notice. |
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Quote of The Week |
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I am always doing that which I can not do, in order that I may learn how to do it.
- Pablo Picasso -
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MortgageBrokersOttawa.com | 788 Island Park Drive | Ottawa | Ontario | K1Y 0C2 | Canada |
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