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As expected Prime remains the same. 
Surrey, BC - September 11, 2009 - The Bank of Canada stayed true to their previous announcements and left Prime alone at 2.25%.  While there are signs the worst of the recession may be behind us, expectations remain low as to the speed of the recovery. 
 
Competition is heating up with fiscal year ends in site for most lenders (October 31st) and goals to reach as we see both variable & fixed pricing reduce.  We now can offer closed variables from Prime (no +!*), though most lenders are still in the Prime +.20% range, and 5 year fixed rates are under 4.00%.
 
As always, having a Mortgage Strategy in place is always the best plan!
 
Call us for a no obligation review at anytime.

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Summer is over and so is our contest, and we have a winner!
 
 
Our winner is Erin!  You can see Erin's video testimonial on our new website launching soon...many thanks to all that introduced a friend to our mortgage family or shot a video testimonial for us!
About Invis on the Peninsula
Invis on the Peninsula is a group of Mortgage Experts led by Michael Anthony Lloyd who believe in looking after their client's best interests over the long term.  With a combined lending experience of over 70 years they have the experience to find the best strategy for any situation.  Their business is built on a referral basis, the referral of a friend or family member is the greatest compliment they can receive.
 
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Michael Anthony Lloyd is an Accredited Mortgage Professional & member of the Canadian Association of Accredited Mortgage Professionals.  www.caamp.org
 
The comments & opinions contained within are strictly those of the author, no guarantees are made.  All Rights Reserved Michael Lloyd 2008. 
experts at making mortgages simple
Visit us online:
South Surrey Office:
#104-14936 32 Ave, Surrey 
Call us:
604-536-8208