The #1 Reason Rates Are Dropping

The #1 Reason Rates Are Dropping

Here at Browne Mortgages + More we strive to be transparent about the ever-changing mortgage rates. As COVID-19 (Coronavirus) has had a material shock on Canadian and global outlooks, the monetary and fiscal authorities are responding. Because of this, we are seeing fixed interest rate reductions from mortgage lenders across the board.

What does that mean for you?

Today’s current interest rate is 2.49%!

This shockingly fast and low rate drop is EXCELLENT for anyone getting a mortgage or changing their existing one. NOW is the time to make a change to your mortgage if you’re considering the following:

  • Renovations
  • Debt consolidation
  • Second home purchase
  • Rental property purchase
  • Early mortgage renewal

If you’ve considered buying, this is a perfect time!

Our team offers complimentary mortgage reviews to see if making a change is worth it. This change could save you thousands in interest.

 

 

 

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