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Weekly Market Update
APPLY ONLINE NOW March 3, 2008

 

In This Issue...

Get To Know Us

Elite Rewards Program

Rates - Effective March 3, 2008

Quote of The Week

Federal Budget - TD Economics


 

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!

Apply Online Today



 
 
 
 
  • Elite Rewards Program
  •  
    ERP logo

    DIFFERENT WAYS YOU CAN USE YOUR REWARDS

    • Go on that long over due trip you have been dreaming about....
    • Use your points to thank your own clients by sending them a gift....
    • Get a big screen TV to watch the Sens in the playoffs....


    YOU decide how you want to spend your points.
      Enroll today to start earning points
     
  • Rates - Effective March 3, 2008
  •  
    Term Market Rate Our Best Rate
    Adjustable 5.75% 4.55%
    1 year 7.2% 5.30%
    2 year 7.35% 5.37%
    3 year 7.35% 5.57%
    4 year 7.35% 5.49%
    5 year 7.39% 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


    Drive thy business or it will drive thee.


    - Benjamin Franklin -

       
     
  • Federal Budget - TD Economics
  •  

    HIGHLIGHTS

    · FY 07-08 surplus estimated at $10.2 billion, used for debt pay-down
    · Surplus projections and planned debt pay-down scaled back for FY08-09 and FY09-10
    · Accelerated capital cost allowance (CCA) for manufacturers extended for 3 years, with a phase-down in the rate, at $1 billion cost
    · Additional funding for public transit infrastructure, R&D in the auto industry and carbon capture & storage technology
    · Creation of a Tax-Free Savings Account (TFSA) in 2009

      Read More
     
    General Inquiries: info@mortgagebrokersottawa.com
    Phone: 613.274.0055

     


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