The three-year AAA XTRAGREEN interest rate increases 5 BPS to 2.99% on December 6, 2012.
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I remember a few years ago when reports of 500-square foot condos started me wondering, “Where does all the stuff go?” That was when I lived in Toronto, in a spacious two-floor flat with so much storage space we had a drawer dedicated to napkin rings; now, I live in a Vancouver condominium where there is no room for a dining room table on which to display those napkin rings. Data released in August reported that it costs around (depending on dwelling type) 92 per cent of the average family’s monthly income to own a home in Vancouver. That is an overwhelming statement on the state of housing affordability for many Canadians; however, an ingenious few have started a trend toward embracing the value of Home over the inflated value of square footage and in doing so have inspired me to stop pining for more closet space and make the most of what I do have: a comfortable family abode that satisfies our needs rather than indulges our wants.
The Big Picture takes a look at some Canadians who have embraced the pleasures and pains of living in smaller spaces and looks at related cause and effect topics rounded out by various media sources from across the country. What is truly amazing is that many of the solutions seem downright spacious thanks to smart planning and use of space. What do you think, how small could you go? Continue reading “The Big Picture: Canadians Living Large in Small Spaces” »
Effective November 22, interest rates on XCEED Super PRIME and Simplicity mortgage solutions will drop 5 BPS!
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CREA statistics released last month report that value gains on townhouse and condo units across Canada average just over one per cent in contrast to gains on single-family dwellings which are higher than 5 per cent. With increasing supply (“Led by double-digit gains in Greater Toronto and Greater Vancouver, new supply was up in more than 60 per cent of all local markets in August,..”) and demand mitigated by new mortgage rules and continuing economic uncertainty, one wonders whether the Canadian condo market is on the verge of a serious slow down.
We’ve rounded up some articles on topic that may be of interest to you and your clients. Continue reading “The Big Picture: Canada’s Condo Question” »
It’s no Trick, we’re Treating Friends of XCEED to an extension of our Bonus Commission Promotion through to December 31!
All five-year AAA XTRAGREEN mortgage solutions will receive an extra 10 BPS on top of the standard 125 BPS!
Whether it’s a new mortgage solution, feature or policy, we are continually looking for ways to offer you and your customers the best options available.
We recently introduced a new three-year term for our niche Super PRIME solution and extended our rate hold period to 120 days! Stay tuned for more…
Our rates are some of the best available to customers today and we’re proud of that! We publish real interest rates online rather than secret the rebates away for only select customers.
Our commissions are generous and they aren”t contingent on how many XCEED deals you close. We also run frequent bonus commission promotions that reward all Friends of XCEED and their customers. Our rate buy-down policy is one of the best available, too!
Your dedicated BDM and XCEED Underwriters are always ready to help you close more deals!
Effective immediately, XCEED will increase rate hold term from 90 to
120 days on all 3-and 5-year products!
Great Credit = More Ways to Save!
Effective September 27, XCEED will offer customers a new three-year Super PRIME solution! The introductory rate for the new product is 2.79% and commission is set at 60 BPS.
We are also lowering the minimum required Beacon score for the primary applicant to 700! Other applicants are required to have a Beacon score of 620 or higher. These changes offer an opportunity for customers with great credit to take advantage of low interest rates!
More information on XCEED Super PRIME mortgage solution.
Until October 31, Friends of XCEED will receive a total 135 BPS on our 5-year AAA XTRAGREEN mortgage solution!
