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    Hot off the press - Mortgage rates dipped!

    Posted by Michele Cummins on June 20, 2014
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    Can you believe it?! Just when we all thought mortgage rates were going to slowly rise we get another "welcoming into the Real Estate market surprise"  with a dip in the rate! Fixed mortgage rates reversed course this week and fell slightly, according to Freddie Mac’s weekly Primary Mortgage Market Survey.

    The survey showed rates on 30-year fixed-rate mortgages averaged 4.17 percent with an average point of 0.6 for the week ending June 19, down from 4.2 percent last week but up from 3.93 percent a year ago. 

    If you are thinking of buying and have been practicing your balance being on the fence, it's time for the grand prize - Jump off that fence and buy before you're too late! Timing is everything in Real Estate (or at least 90% of it) Variable rates have been the way to go for years and it looks like it might just be the way to continue for a while. You'll save thousands upon thousands of dollars. Get pre-approved today to hold todays current rates. It doesn't take but a 15 minute phone call. Call me at 1-877-611-5241 or email at mcummins@royallepage.ca and I'll connect you with a mortgage specialist designed to help you get the BEST mortgage for your needs. I want to help you with your Real Estate investment so please allow me to. Cheers! www.michelecummins.ca 

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