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Current Rates

The table below compares OUR BEST RATES with those of current lenders.

Mortgage Rates Effective:  February 16, 2012

Term OUR BEST RATE Bank Rate
VARIABLE RATE 2.90% 3.00%
1 YEAR CLOSED 2.74% 3.20%
2 YEAR CLOSED 3.05% 3.55%
3 YEAR CLOSED 2.89% 3.95%
4 YEAR CLOSED 3.19% 4.64%
5 YEAR CLOSED 3.29% 5.24%
7 YEAR CLOSED 3.99% 6.35%
10 YEAR CLOSED 3.99% 6.75%
Current Prime Rate is 3.00%

Rates subject to change without notice. *O.A.C. E. & O.E.

 

Rate Specials:
5 year special at 3.19%, some conditions apply. Please call for details at 604.576.1412.

 

11 years ago I used Feisal for the first time. Since then, I have used him repeatedly because he is always on top of what's going on in the mortgage industry and can indiscriminately recommend the best rates for my situation. Rick G.

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News Update

Highlights of B.C.'s 2012/2013 Budget

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HST to PST Information Bulletin - February 21, 2012
The province will transition back to the Provincial Sales Tax (PST), which will replace the Harmonized Sales Tax (HST), on April 1, 2013. Until then, the province has announced transitional rules for new homes which take effect April 1, 2012.

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Kevin Falcon announces HST transition rules for new homes.
British Columbia will return to the PST on April 1, 2013.

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