Blog - Michael Sjerven Mortgage Rates Refinancing Real Estate Mortgage Loans

3.99% 5 year Fixed

Michael Sjerven — Tue, 27 Jul 2010 12:49:17 -0700

New rate special - 5 year fixed at 3.99%.

We have some other blistering HOT deals that we cannot adverstise. Please apply online if you'd like to start your mortgage pre-qualification. Also remember to get out and enjoy the sun (and don't work too hard) before the summer ends! cheers

1.80% VRM, 4.09% 5 year fixed

Michael Sjerven — Thu, 08 Jul 2010 10:05:23 -0700

Two new specials announced today - 3 year variable rate at P-.70% (1.80%) and a 5 year fixed at 4.09%. We also have a 3 year fixed at 3.40% as well as some "unadvertised" specials. If you would like to get one of these specials please apply online to start the process. Refinances, Renewals or purchases are permitted. These rates are here for a good time, not a long time.. so make sure you take advantage of these while available (limited time only). You can also email us at msjerven@gmail.com.

Enjoy the heat and have a great summer!

3.49% - 3 year fixed

Michael Sjerven — Wed, 16 Jun 2010 11:32:53 -0700

Great new special at 3.49% (3 year fixed rate). If you want to lock in a low rate for 3 years (not 5) and don't want to go variable, then this would be your best bet! Please apply online to take advantage of this great rate today. Cheers

P-.65% ARM

Michael Sjerven — Wed, 09 Jun 2010 10:34:56 -0700

A recent rate special on variable announced at P-.65%. There are some conditions on this deal so not everyone will qualify for this rate. Please apply online to get the approval in motion!

Although the real estate market looks to be cooling somewhat, it's stil an excellent time to get a great deal on a mortgage. Feel free to call or email us anytime if you have questions.

4.25% 5 Year

Michael Sjerven — Thu, 03 Jun 2010 11:34:02 -0700

For those who want to lock in a great fixed rate, the 4.25% 5 year Fixed is a great new deal! We do have some unadvertised options available as well, so please contact us for more details.

If you are inclined to let it ride and go with a variable rate mortgage, we have a P-.50% (2.00%) mortgage available as well.

Bring the summer on! cheers

4.35% - 5 year fixed

Michael Sjerven — Tue, 04 May 2010 12:22:05 -0700

A new special 5 year fixed rate just announced at 4.35%. This is the best deal in the market and for live deals only w/90 day rate hold. Rental properties would get a .15% premium added to this rate. Have a great day!

Fixed Rate Increases

Michael Sjerven — Mon, 26 Apr 2010 23:18:14 -0700

Fixed Rates keep climbing, with the 5 year "posted" bank rate now over 6%. RBC and TD have announced a further .15% increase this week. With that being said we still have some great deals on both 3 and 5 year fixed rate mortgages (see rates for pricing). Variable rates are very low, starting at 1.75% (as long as you qualify). As well, combo 50/50 mortgages (50% variable/50% fixed) are also a nice choice as you get the best of both worlds by hedging your bet. The average rate of this product at the moment is about 3.25%.

As always, feel free to call us if you have any questions. April showers bring May flowers.. cheers!

MJS

Go Variable at P-.50% (1.75%)

Michael Sjerven — Tue, 20 Apr 2010 17:42:49 -0700

With the days of fixed rates in the 3's% over, many people are now opting for variable rate mortgages again. In fact, as of today, we recommend going with variable again. Keep in mind this is not for the faint of heart, and if you won't be able to sleep at night (worrying that your rate will go up) then it's probably not worth your stress. However, we do believe this to be the best choice and a good chance to save several thousand dollars over the next few years.

Here's our best options as of today:
P-.50 or 1.75% (3 or 5 year term)
5 Year Fixed - from 4.19% - 4.59% (range) depending on the lender.
3 Year Fixed - 3.29 - 3.60% (depending on lender.

Keep in mind that it is much easier to qualify for a 5 year fixed (insured mortgage) now so many people will have no other choice but to go fixed.

Lenders are all very busy at the moment thanks to a very HOT spring market. Keep in mind our service levels are a little slower than usual. If you'd like to take advantage of a great rate please fill out the online application.

3.75% 5 year

Michael Sjerven — Sat, 10 Apr 2010 17:27:40 -0700

Update, as of April 10th, we still have a 3.75% 5 year fixed rate available in some areas. As well, there is P-.50% variable product (1.75%) also on the market. Keep in mind some of these specials do have strict qualification and are not available for rate hold (live purchases or refinance only). Please fill out the online application (APPLY) on this website to lock in now! Have a great weekend.

3.75% 5 year

Michael Sjerven — Mon, 05 Apr 2010 10:41:03 -0700

As of today, it looks like we have one lender left with a low 5 year fixed rate (3.75%). If we get in application right away, there is a chance we can still secure this great deal. Otherwise 5 year fixed rates are all over 4%.

Fixed Rate Increases!

Michael Sjerven — Wed, 31 Mar 2010 16:15:36 -0700

Fixed rates are moving up significantly across the board by about .60%. If you want to lock into a fixed rate mortgage this week (possibly today) will be your last opportunity. Here's what is available through today:
5 year fixed - 3.69%
3 year fixed - 3.15%
Variable - 1.75%
Call or email today for more info and if you are interested please apply online to expedite.

P-.50% Variable - Yes 1.75%!

Michael Sjerven — Fri, 12 Mar 2010 15:25:47 -0800

Yes, it's back, the P-.50% variable rate product is available with 1 lender only. It's a 3 year term and current rate works out to 1.75%. Qualification is very strict, and must be a live mortgage to qualify. Call for details.

Although this is a great deal for the adjustable rate die hards out there, we still believe that locking into fixed at the current time is the best choice. Opting for a 3.69% 5 year fixed product will likely save you money over the long term, especially when variable rates start to go up this summer.

New Videos

Michael Sjerven — Wed, 03 Mar 2010 15:35:06 -0800

Here are some new videos made by Michael this month:

Mortgage First Time Buyers

Michael Sjerven — Mon, 01 Mar 2010 16:51:50 -0800

Last Summer (2009) I did a presentation at Lux Lounge in Vancouver. It was a first time buyers seminar and my topic was mortgages. Here's the video, and sorry for poor sound quality.

CMP Award Nomination

Michael Sjerven — Mon, 01 Mar 2010 11:20:17 -0800

We are proud to announce that Michael Sjerven is a finalist in the Canadian Mortgage Awards! The category is for best individual newcomer (within last 3 years) mortgage broker. Michael is looking forward to the black tie awards ceremony taking place in Toronto in April.

Rate Specials

Michael Sjerven — Mon, 15 Feb 2010 14:20:41 -0800

There has never been a better time to get a mortgage than now! Here's a quick look at the best deals available as of today:
Variable P-.30% - 1.95%, 3 year fixed - 3.15%, 5 year fixed - 3.69%. Go Canada Go!

3.69% 5 year fixed

Michael Sjerven — Fri, 05 Feb 2010 15:33:38 -0800

New rate special just announced. 5 year fixed special at 3.69%. Must close by March 26, 2010. No pre-approvals, AAA clients only for purchase or refinance. Call for details. Have a great Olympic celebration - cheers!

3.79 5 year fixed

Michael Sjerven — Tue, 05 Jan 2010 12:11:01 -0800

We have a limited time special on a 5 year fixed at 3.79%. Please keep in mind there is a 30 days closing window and this is a "no-frills" mortgage with limited options. Alternatively, I'm heavily promoting a 3.89% 5 year fixed rate with full pre-payment and other features included, which I believe is the better product. We have 3 year variable rates at P-.25% (2.0%), 5 year variable at P-.20% (2.05%), and 3 year from 3.25%. Now is truly the time to take advantage of low mortgage rates, and we're telling most clients to lock in and go fixed!

5 Year Fixed 3.89%

Michael Sjerven — Mon, 28 Dec 2009 14:46:40 -0800

Lock into a 5 year fixed at 3.89% today. Renewals (Free Switch/Transfer), Purchase, or Refi all ok. 20/20 prepayment privileges apply. Want a variable mortgage? How about P-.20% 5 year at 2.05%!! Happy New Year everyone:).

5 Year Fixed 3.99%

Michael Sjerven — Mon, 23 Nov 2009 11:52:10 -0800

Some great rate specials this week with a 5 year fixed at 3.99% or a 3 year variable rate mortgage at 1.99%. The variable rate is P-.25% (or 2.0%) with a .01% cashback at closing. 2010 is looking like an exciting year with the Vancouver Olympics fast approaching and BC real estate market still strong. As always, feel free to contact us by phone or email if you'd like to get more information about getting a mortgage. cheers!