Oriana Financial Group of Canada Ltd.

What Does Covid-19 Mean For Mortgages?

What does Covid-19 mean for mortgages?


There is no doubt about it. COVID-19 is impacting the market. What does this mean for mortgages?

Lower Rates!

Fixed and variable rates are dropping. This is a great time to renew or refinance. If you’re in a mortgage with a much higher rate, it might be worth breaking your current mortgage. Contact us to discuss!

Mortgage Payments

Some lenders are offering SKIP-A-Payment & HOLD-A-Payment Programs during this time of financial uncertainty. Give us a call to see if your lender is offering this.

Business as Usual, but Remotely

We will continue to meet your mortgage needs by shopping the market for you, finding the most competitive rates and products. If you have any questions about your mortgage, we’re here to help!

Lastly, stay safe and keep well.

CURRENT RATES

CURRENT RATES
Term Our Rate Bank Rate
2 YEAR 2.99% 3.74%
3 YEAR 2.19%* 3.89%
27 May 2020


*Special conditions apply. Interest rates are provided for information purposes only and are subject to change without notice.

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