Mortgage & Holiday News - Week of Dec.19, 2011, Edmonton and Calgary

First Foundation Best Rates for the Week:

Term Rates
1 Year 2.89%
2 Year 2.69%
3 Year 2.99%
4 Year 3.24%
5 Year 3.29%
7 Year 3.99%
10 Year 4.49%

ARM / Variable 2.90%
Line of Credit 3.50%

Prime Rate 3.00%
Qualifying Rate 5.29%

Mortgage News

Mortgage Santa has been busy this week delivering rate specials such as 3.29% on a Five Year Fixed term, as well as the First Foundation Holiday Special – check it out.

Fantastic rates and discounts are still available to wrap up the year with and don’t forget, a pre-approval obtained now can hold a rate for 90 – 120 days into 2012.

Holiday News

I’d like to personally wish our readership a very merry holiday season and may you all be blessed with the opportunity to spend some quality time with the ones you love. Me, I plan on taking the family on plenty of brisk walks outside in this lovely, mild weather we’re having, in order to compensate for the abundance of Toffifays and Turtles I will be sampling. I won’t pretend they will be quaint, pleasant walks – the teenagers I own aren’t fond of anything that doesn’t involve an X and a Box but we’ll go nonetheless and I’ll remind myself ( and them) that we’re lucky to have each other, our health and our cozy home to come back to…I wish all the same for you.

Merry Christmas!

Jennifer Rochford
Writer in Residence
First Foundation Mortgages


As the company’s first employee, Jennifer has been a Licensed Mortgage Associate since 2004, but her current role is not focused on mortgages. She is the resident blog writer and…

Learn more about Jennifer Rochford