Typical discounted fixed 5 year term mortgage rates have jumped about 1% in the past two months from 2.79% to 3.69%. We have had much better sales volumes this spring and summer than I had anticipated so the effect of the continuing rise in rates will be interesting to watch. The best variable rates are at about 2.6% and many people are choosing to take variable rates as the spread between ...
Posted in Vancouver Real Estate Statistics
