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Blog by David Valente

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Rates are on the Rise!

Some lenders are announcing rates increases on fixed rates that will go into effect tomorrow!

Just a heads up! TD/CT has put their 5 yr up 25 bps from 3.69% to 3.94% effective tomorrow.
 
If anyone needs to do a refinance or purchase and needs to get locked in call or email me asap.
 
First National just jumped 20 bps to 3.79% from 3.59%.
 
Macquarie is going up tonight 30 bps effective 9pm PST. I can get a rate hold with just names and amounts as long as I have a full application to submit tomorrow (November 17th).
 
Firstline will probably notify today for tomorrow. A couple of lenders may straggle a bit behind a day or so.
 
Recommend you lock in your rate ASAP!

Your Vancouver Real Estate Specialist.
DavidValente.com