Mortgage Rates haven't changed overnight everything as I blogged yesterday. And now for something completely different. Now for a Funny

I did what you told me... 3 YEARS IN A ROW !!!!!!!!!!

I sent the email to 10 people like you said.

I'm still waiting for that miracle to happen

To all my friends who in the last year sent me best 'wishes', chain letters, 'angel' letters or other promises of good luck if I forwarded something,

NONE OF THAT SHIT WORKED!

For 2009 , could you please just send money,
vodka,
chocolate,

movie tickets or gasoline vouchers.

Thank you!

If you are looking for a mortgage in Alberta apply online at

www.canadafirstmortgage.com/canadafirstmortgage/lynn/application.html

How low will the interest rates go before they start to eek up? That's the million dollar question for everyone in the Mortgage and Financial feild. If I only had a crystal ball! However in good news, Resale in homes has risen for the first time since Sept 2008. Always some thing to look forward to. Check out my Crystal Ball is your new home shown.

Check out this article from the financial post

Resales rise for the first time since September 2008

www.financialpost.com/scripts/story.html?id=1398565

This is just great news for all of us affected by the realestate business.

Lynn Meldrum , Mortgage Professional

Verico Canada First Mortgage

Phone 1-403-554-9142

Fax 1-866-53-4235

Email lynn@canadafirstmortgage.com

Term	Our Discounted	Posted Bank Rate
Adjustable	Prime plus 0.80%	Prime Plus 2
1 Year	3.25%	5.50%
2 Years	3.69%	5.75%
3 Years	3.69%	5.75%
4 Years	3.79%	5.69%
5 Years	3.89%	5.79%
7 Years	5.15%	7.00%
10 Years	5.25%	7.35%
	rates as of March 29, 2009
	Rates can change w/o notice

Apply on line at www.canadafirstmortgage.com/canadafirstmortgage/lynn/application.html

Below are the mortgage rates for today.

Lynn Meldrum , Mortgage Professional

Verico Canada First Mortgage

Phone 1-403-554-9142

Fax 1-866-53-4235

Email lynn@canadafirstmortgage.com

Term	Our Discounted	Posted Bank Rate
Adjustable	Prime plus 0.80%	Prime Plus 2
1 Year	3.25%	5.50%
2 Years	3.80%	5.75%
3 Years	3.85%	5.75%
4 Years	4.10%	5.69%
5 Years	3.89%	5.79%
7 Years	5.15%	7.00%
10 Years	5.25%	7.35%
	rates as of March 25, 2009
	Rates can change w/o notice

Here's a joke I recieved I thought it was funny

IKEA HAS ANNOUNCED IT'S INTENTION TO TAKE OVER GMC, AND TO SELL CARS.
WE ARE IN DEEP SHIT.......................

Have a great day and watch out!!!!!

Well with the changes that the Canadian Government made to how we lend money there have been some changes. Most obviously is mortgages for self employed and small business owners. At one point we could state the inome of the client, the lendr would require a business license but nothing with income amounts on it. Because as we know business owners and the self employed write off as much as possible so as not to pay a ton in taxes at tax time. This however is changing with some of the lenders and instead of a stated income they are looking for more of a verified income with some leaway. They are asking for NOAs and T! generals. I think the self employed and business owners will be having a difficult time again getting mortgages and this is a shame, especially when their credit bureau shows that they do pay thier bills. It seems unfortunate for those who are playing by the rules to get stuck with new rules because of the few that broke those rules