Friday, August 20, 2010

Banks lower fixed Mortgage rates again!

Five of Canada’s major banks have reduced their mortgage rates by one tenth of a percentage point. This is big news because it is the second time since major banks have cut their mortgage rates since the beginning of August. More importantly, the rate cuts are come after a report seen yesterday that Canadian home sales were down 6.8% in July from a month earlier.


Read more: Bank Nerd Article

www.albertamortgagepros.ca

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