While we are all still feeling the pressures of inflation, there is finally some relief in sight. Interest rate hikes are slowing down for Prime Rate and the best part is that fixed rates have come down from their highs.
With that in mind, we want to ensure all our clients are able to get the best mortgage and rate possible. Since we are an independent brokerage, we are not committed to any one institution, thereby being able to tailor the best option specific to your situation.
Some successes to share from this week:
- Kimberly of Surrey who got pre-approved with us originally in November 2022 was able to get $100,000 more on their approval with the reduction in fixed rates in the last 4 months. This really helps open up more options for her purchase and with house prices dropping, this is a win-win scenario.
- We had 8 files in one day we were able to get rate reductions before the closing date, just by doing our regular lookbacks. These clients range from First-time Homebuyers to Mortgage Renewals and Transfers to other lenders for better terms.
Give us a call or send us an email and we’d be happy to answer any questions you may have. As well, if you are currently thinking about the next steps in your mortgage future our Mortgage Planning Webinar will be open to anyone to attend on February 23, 2023, at 7 PM PST. You can sign up by following the link HERE.
The Angela Calla Mortgage Team
Angela Calla is an 18-year award-winning woman of influence which sets her apart from the rest. Alongside her team, Angela passionately assists mortgage holders in acquiring the best possible mortgage. Through her presence on “The Mortgage Show” and through her best-selling book “The Mortgage Code“, Angela educates prospective home buyers by providing vital information on mortgages. In light of this, her success awarded her with the 2020Business Leader of the Year Award.
Angela is a frequent go-to source for media and publishers across the country. For media interviews, speaking inquiries, or personal mortgage assistance, please contact Angela at hello@countoncalla.ca or at 604-802-3983.
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