Hi Greg & Colin!
Great to see you yesterday and thanks for the flowers etc. There really is no need to do that – I enjoy doing business with both of you – you make things seamless and easy!
I wanted to let you know that rates did go down last week! Some important dates and offerings that you clients might be interested in!
1) Just a reminder that on May 1, 2014 CMHC will be increasing the premiums on insured mortgages. If you client has a closing date prior to May 1, 2014 they will not be affected.
2) CIBC has relaunched it’s SPRING CASH BACK OFFER – what a great program for your clients who need some extra cash when purchasing a property – perhaps for new furniture, to pay down some debts or their mortgage, pay their property taxes, whatever they choose – the great news is that they can get 1%, 2% or 3% cash back (based on their mortgage amount) and it’s all after tax dollars deposited right into their bank account!!!
CIBC Rates as of today:
2.79% 1 Yr Fixed Closed
2.54% 2 yr fixed closed
2.80% 3 yr fixed closed
3.14% 4 yr fixed closed
3.14% 5 yr fixed closed
2.50% 5 yr Variable Flex (Prime – 0.50%)
*rates are subject to change
Please let me know if I can be of assistance to you or any of your clients!
Retail and Business Banking
CIBC Mortgage Advisor Channel
f 1 877-281-8521
Toll Free: 1-866-810-9117