At the moment one bank is offering 3.89% for a five year closed fixed mortgage. Many of the Lenders have started to follow the downward trend. Variable rate products are starting to see a decreae as well. We have Prime 2.25% less .10 points, making it 2.15%
If you any questions about mortgages and rates, please feel free to contact me: Doug Atkinson at 604-219-9977 or email me at firstname.lastname@example.org or drop by my office at 1385 Homer Street, Vancouver, BC.