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Weekly Market Update
APPLY ONLINE NOW March 14, 2008

 

In This Issue...

Get To Know Us

Altus Clayton Housing Report - February 2008

Rates - Effective March 13, 2008

Quote of The Week


 

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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  • Altus Clayton Housing Report - February 2008
  •  
    House

    Some shrinkage in pool of popential First time home buyers.

    According to the data from the Altus Group's FIRM Mortgage Survey, about 9 out of every 10 first-time buyers were in the 20-44 age group.

    Data from Cencus Canada.....

      Read More....
     
  • Rates - Effective March 13, 2008
  •  
    Term Market Rate Our Best Rate
    Adjustable 5.75% 4.55%
    1 year 7.2% 4.99%
    2 year 7.30% 5.22%
    3 year 7.30% 5.46%
    4 year 7.20% 5.39%
    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.
       
     
  • Quote of The Week
  •  
    lakeandmountain


    "Obstacles are those frightful things you see when you take your eyes off your goal."


    - Henry Ford -

       
     
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    Phone: 613.274.0055

     


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