ATTN: Variable Rate Mortgagors... It may be time to lock in!

Attention Georgetown Ontario Real Estate Blog followers:

There seems to be a lot of speculation about interest rates and where they are going over the last few weeks... If you are currently on a variable rate mortgage, I would strongly consider calling your mortgage advisor and asking them about their opinion on locking-in today!

As always, I suggest you call a mortgage broker to get the most competitive rate available (even if you take that rate to your bank and ask them to match)!  This morning the lowest posted rate available for a 5-year fixed mortgage was 3.94%; and at least one mortgage broker has advertised 3.69%.  For the most current rates available, see the "Mortgage Information" section of my website: CLICK HERE to go to my website!.