HSBC site was advertising 5 year fixed closed at 2.79%....now at 2.94%. Unfortunately, they only hold the rate for 60 days.GreenMortgages wrote: ↑Sep 13th, 2017 10:27 pmHi there,
For a 20% down purchase in BC, you can get as low as 2.84%-2.94% 5 year fixed, and potentially slightly better, depending on your qualifying and closing date! Fixed rates are on the rise, and the 5 eyar Canada bond rate (which heavily influences fixed mortgage rates) is still rising, indicating that fixed rates could continue to rise. Better to get something locked in sooner rather than later to protect yourself against rate increases.