April 2013Vol 5, Issue 4
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Greetings!

Welcome to the April edition of Monthly Mortgage Matters!

 

Is your mortgage an ANCHOR? Now you probably thought of this 2 ways. Is your mortgage holding you back financially, and dragging you down to the bottom.

Or is your mortgage optimized for the current historically low rates and you've used your mortgage to ANCHOR yourself financially, and provide future stability? More thoughts in this month's video.

The Bank of Canada met this week, and kept the overnight rate unchanged. Additionally, they lowered their forecast of growth this year, further indicating rates should stay at these levels for some time. It's time to check on that ANCHOR! 

Thank you for all the interest in the new mortgage programs! The Buyer Protection Plan has received a lot of press recently, and we're seeing some traction in the BC market. I continue to get rave reviews on the Custom Mortgage Optimization Reports

To quote a recent home buyer - "These are some points that no other bank or credit union have ever brought up".

The reports are FREE, takes just a few minutes to sign up. Just check out the link below in the newsletter!

Have a great month everyone!!!   

Mortgage Rob 
Email:       rob@mortgagerob.ca
Website:   www.MortgageRob.ca 
 

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In This Issue
Mortgage Rob's on Facebook
Monthly Mortgage Tip
Canadian Home Buyer's Academy
Buyer Protection Plan
Money In Your Mortgage
Rate Watch  

Term         Best Rate   

 

1 year Fixed      2.59%

 

2 year Fixed      2.49% 

 

3 year Fixed      2.59%

5 year Fixed      2.79%

10 Year Fixed    3.69%

VRM      Prime - .40% (2.60%)

*Some conditions may apply
Mortgage Rob's on Facebook

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This Month's Mortgage Tip
Canadian Mortgage Market Update April 2013 -   Is your mortgage an ANCHOR?    
     

Click on the picture to view the full video!

Your mortgage is either holding you back, or supporting the rest of your financial picture? Which group do you fit into?

More lenders into the mix of competition at 2.89% for a 5 year fixed and possibly at low as 2.79%. Plus, some further reductions in VRM mortgages.

Can you early renew to take advantage of a new 5 year or 10 year  term? Give me a call to help you with a custom mortgage strategy. 

        

 

Canadian Home Buyers Academy  
CHBC 
Click on CHBA Logo To Learn More 

The mortgage industry's best resource for home

buyers - videos, articles and more!

  

Members are eligible for up $2000 cash back at

closing - no affect on your discounted mortgage rate

  

Search listings with Cash Back in your market area

 

Free fully customized Mortgage Strategy Reports -

 

Buyer Protection Plan  
Click on BPP Logo for Free E-books
for Buyers and Sellers


Price Drop Protection guarantees your selling price for 12 months

Avoid the 'Boulevard of Broker Dreams' - sell your home faster in falling market

   

Make your home the MOST ATTRACTIVE on the street!! 4 distinct marketing options to support your realtor
Inflation Hedge Mortgage Strategy 
MIYM
Click the logo to Learn About Optimizing Your Mortgage

Interest rates will go up!! It's not 'if', it's a matter of 'when'

How will you avoid PAYMENT SHOCK at the end of your current term? 

You can capitalize on low interest rates by following a proven and tested mortgage strategy

This is the secret the banks don't tell you! For your Customized Strategy Report, click below 
            Yes, I need a custom mortgage strategy! 
If you've thought about getting into the real estate market, or getting a second opinion on your existing mortgage, now is a perfect time to find out your options. Housing is as affordable as it has been in years, and there are lots of opportunities to buy that new dream home, or restructure some financing and make drastic changes to your monthly budget. Don't hesitate, take action today !
 
Sincerely,
 
Rob Macdonald, AMP
Mortgage Expert