Calgary's economy provides many mortgage options
The average prices in Canada have increased in astronomical amounts in the recent year, as the Canadian economy has continued to improve. The effects of this booming economy on the housing market were most noticed in the major western cities of Calgary, Vancouver, and Edmonton where the average prices had increased by more than 20% to 30%. In particular, the average prices in Calgary have increased from $254,803 in June of 2005 to $367,033 in June of 2006 which is an astonishing 31% increase. With the price of homes skyrocketing, we have come across the common question of how to tap into this new found equity. There are many different ways to access this available equity to take advantage of the rising value of your home, which I wish to show you how. In the past, clients have managed thier equity to take advantage of low interest rates to pay off high interest debts, or to re-invest in new ventures.
Pro-Link Mortgage can assist you in finding the mortgage solutions to best suit your needs. Let us show you how, with the several methods that have proven to be successful ways to take control of your finances. Call today and let me EARN your business!!
Best Calgary Mortgage Rates
| Prime Rate (P) | 4.00 |
| Closed Variable | P + 1 |
| Open Variable | P+1.5 |
| ----------------- | |
| 6 Month Closed | 6.35 |
| 1 Year Closed | 4.35 |
| 2 Year Closed | 5.29 |
| 3 Year Closed | 5.15 |
| 4 Year Closed | 5.34 |
| 5 Year Closed | 5.40 |
| 7 Year Closed | 6.05 |
| 10 Year Closed | 6.15 |
| 15 Year Closed | 6.55 |
| 18 Year Closed | 6.55 |
| 25 Year Closed | 6.65 |
As of
