Fixed Mortgage Rates May Go Up Soon

Markham, Ontario: March 5, 2010

Be prepared! Fixed mortgages may go up very soon, as early as next week.

Bond yields have been trending up for quite some time. Economic recovery is on the way. Your bank may soon increase the fixed mortgage rates by as much as 0.30%!

Do yourself a favour: if you are planning to purchase a property or to renew your mortgage within 120 days, you should get a pre-approval or a rate hold as soon as possible. It is your money to save!

Read the Common Mortgage Mistakes  now.