April 9, 2019
Well, it finally looks like spring has sprung in the Okanagan and we hope that you are getting outside to take advantage of the beautiful weather. Now it’s your turn to take advantage of some great mortgage rates offered by the big banks!
All signs are pointing to a better outlook for the spring and summer in terms of sales. Month over month increases in sales and new listings provides hope that the market is turning around and now with the major banks coming along with lower interest rates, it seems like this might be a bit of a bounce back year!
RBC is the latest bank to come out with new mortgage rates and special offers that we wanted to bring to your attention. Starting this week, RBC has just made some substantial offers even better for applications started from April 6th-19th, funding within 120 days or prior to August 17th, 2019
RBC Mortage Rates & Special Offers
First Time Home Buyer Offer
Existing Mortgage Switch-In Offer
$750 WestJet Gift Card & $1000 Cash
Homebuyers Offer (Primary Residence)
25-Year (or Less) Amortization Mortgage Rates
1 year fixed closed = 3.19%
2 year fixed closed = 2.98%
3 year fixed closed = 3.03%
4 year fixed closed = 3.04%
5 year fixed closed = 3.14%
5 year variable closed = prime (currently 3.95%) minus 0.67 = 3.28%
Default Insured 5 year fixed closed special = 3.09%
While this is only applicable during the special period, applications started from April 20th until June 30th will still qualify for their original spring offers of $1000 cash for First Time Homebuyers and $750 WestJet Gift Card for existing mortgage switch-ins.
If you are looking to take advantage of these mortgage rates, specials, or any of their other offers, reach out to your local RBC Mortgage Specialist or click on the link below to be directed to their pre-approved page!