There has been a lot of talk about continued interest rate increases following two rate hikes this past month. Some market analysts have also speculated that the Bank of Canada will be making a move upwards on the base rate.
For buyers’ protection, and to ease any concerns, Denna Homes has negotiated mortgage rate holds for purchasers at their Seylynn Village development. If rates are lower 120 days prior to closing, RBC or BMO will offer the option to reduce the rate. Click here to see RBC’s offer and here to view BMO’s.
Upon completion, Seylynn Village in North Vancouver’s Lower Lynn community will be a vibrant town centre, anchored by three residential towers comprised of 790 homes. The first residential building is the 24-storey, 201-home Beacon tower, which is already mostly sold out.
To learn more about the remaining units and special mortgage rates, visit the Seylynn Village presentation centre at 600 Mountain Highway in North Vancouver, open Saturday through Thursday from 12pm to 6pm.
For more information call 604 980 5000, email email@example.com or visit their website here.