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Lending Advice: The SMC Blog

Hockey In August

For those of you that do not have a husband who plays hockey, can you believe hockey in August?  It has already begun in our household. 

The first official team practice was August 23rd. This is not John’s regular hockey team in Kamloops. It is the one that is going to the BC Senior Games. The team will be playing on the 60 plus team that is representing the Kamloops area.

Kamloops Chamber of Commerce Mini Trade Show

Stewart Mortgage Corp. will be hosting a booth at the Kamloops Chamber of Commerce social & mini trade show happening on September 1, 2010 at St. Andrews on the square. Come by and check us out as well as all of the other great booths that will be there, entry is free for all Kamloops Chamber of Commerce members and $5.00 for non members.

Sizzling Summer Rates...

Hopefully everyone is enjoying the hot Kamloops summer. Stewart Mortgage Corp. has some great new fixed rates to announce effective immediatley.
 
Our 3 year fixed has dropped down from 3.44% to a great low of 2.90%. If you are looking for a low rate and don't want to gamble on a variable this 3 year fixed rate is a great alternative.
 
We also had our 5 year fixed at 3.89% and it has just dropped down to 3.85% this morning.
 

New Broker In The Family

As you know Stewart Mortgage Corp. is a family business. Our son Jamie has been in the business now for the past two years. Little did we know Jamie’s son Riley will likely join our firm when he becomes of age. Riley is 4 1/2 years old. He has been in the office many times and obviously is very interested and curious as to how things work here at Stewart Mortgage.

Already Riley is developing his own signature for signing documentation after seeing his Papa John’s signature and also our friend, Notary Ken MacKinlay’s signature.

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BC Wildlife Park Update

If you’ve been reading my blogs you know Stewart Mortgage Corp. is a proud  sponsor of the B.C. Wildlife Park.

Some of you may have used your “free” admission pass that you recently received from us when we placed your mortgage for you. If not, now is a good time to go to the park, especially if the kids are driving you crazy over the summer holidays.

Prime Rate Up, Fixed Rates Down

With the Bank of Canada increase on Tuesday the Banks have started to raise their Prime Lending rate, but we have now seen some fixed rates coming down. Effective today we have a 5 year fixed at 3.99%, this is a full featured mortgage with 20% pre-payment  privileges.
 
If you are looking to purchase or refinance in the Kamloops Area, contact Stewart Mortgage Corp. right away to take advantage of this amazing rate before they start going up again.
 
We work for you not the banks and we will get the best rate at the best terms for you.

Bank of Canada Raises Overnight Rate Target to 0.75%

As expected The Bank of Canada has raised the overnight rate target another 0.25% up to 0.75%. In turn the Banks have raised the Prime Lending Rate up to 2.75%. Fixed rates have not moved at all yet but the variable rates are of course going up the 0.25%. We still have lots of discounted rates you can view our current rates here.
 
250.572.0762 - jamie@stewartmortgage.ca

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SMC Queen Charlotte's Fishing Trip

My Dad and I had an amazing fishing trip to the Queen Charlotte Islands (now known as Haida Gwaii) from June 18 - 21. 

On Friday around noon, we boarded the MV Salmon Seeker, located in Kano Inlet. After being treated to a nice lunch, our fishing adventure started almost immediately.

We started trolling for salmon in the area known as Kelp Bay. After a few hours and not many bites, except for a small rock cod, we decided we would move on and try somewhere else. 

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More Rate Decreases And A New Product To Announce

For the third day in a row now we have some rate decreases to announce.

Our Five year fixed rate has dropped down to 4.09%, at the beginning of the week it was at 4.25%, this rate won't stick around long so take advantage soon incase it goes up.

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More of our 5yr Rates Down Today

Yesterday I wrote about a product called the Value Mortgage and it's great rate of 4.09%, today I have even better rates to announce.
 
First off our Value Mortgage has now dropped another 0.10% so the rate is now 3.99%, to find out more about what the value mortgage is please read my blog posted from yesterday, just cick here.
 

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