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THE PRIME STAYS PUT, WHAT DOES THIS MEAN TO VARIABLE RATE

The Bank of Canada has announced that their lending rate will stay at 1% which means that Prime (the rate that consumers pay) will stay at 3%. The major banks were thinking that Prime was going to increase, every indication showed to them that Prime was going to go up. In turn, the banks started to give a better variable rate discount to consumers.   Let me explain, when the Five Major Banks ...

Centum Mortgage Brokers do more than just mortgages...We help people lives

In the past few months, I have notice an incredible up take in mortgage transaction from our group. Our office,  Centum Professional Mortgage Group, which is located in Lethbridge, Alberta, has a reputation that our brokers go above and beyond the call of duty. Last month, one of my associate Chris Marriner, did a mortgage for a new to Canada. The mortgage was very straight forward and most associate ...
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