Mortgage Rate Drop- Dreyer Group Mortgages

Dreyer Group Mortgages Inc.


Our 5-year fixed is now sitting at 2.89 %!!


To give you a historical account of rates and payments:


In March of 1993 the 5-year fixed mortgage rate was 8.97%

Your monthly payment for a $400,000 mortgage with a 25-year amortization would have been

approximately $3304.03


Fast-forward today, 20 years later, that same $400,000 mortgage with a 25-year amortization has a

monthly mortgage payment of $1870.48



What a difference of $1433.55 per month!!


Contact Lynn McLellan, BA

Phone: 604-536-8400

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