Variable / Adjustable Rates Have Come Down!

May 26, 2009 by Gordon McCallum

Good news! One of First Foundation’s mortgage lenders has dropped it’s rates on it’s Adjustable Rate Mortgage product to Prime +.4%. It’s still not as good as the “good old days” of Prime -.9%, but it’s getting closer.

If you think you could handle a floating rate over 5 years at 2.65% that the Bank of Canada guaranteed won’t go up until at least June of 2010, then let’s talk!

These mortgages are available all across Alberta – whether you’re in Calgary, Edmonton, Fort McMurray or anywhere in between.