| Rate | Term | |
| 5-Year Fixed | 4.05% | |
| 5-Year VRM | 3.10% Prime plus 0.60% |
Quote of the Week
It’s not what happens to you that determines how far you will go in life; it is how you handle what happens to you.
Zig Ziglar
Can you believe how low mortgage rates are now? What a great time to buy or re-finance a home!
Have a great week everyone!

Paul Croteau
Mortgage Specialist
BMO Bank of Montreal
31 King Street
St. Catharines, ON
ph: (905) 321-3230
fx: (905) 641-7854
Paul.Croteau@bmo.com



You don’t have to look far to see signs of spring are all around us daily lately. From the budding of the trees and the warming of the temperatures to the animals coming out of their winter hideouts, there seems to be a promise of new birth and color in the springtime air.
The first day of spring in Canada is considered to be around March 20 or 21; depending on what day the vernal equinox occurs. This is when the sun sits directly above the equator on its apparent trip northward. Of course this sun isn’t moving; the Earth is. As Earth revolves around the sun, the top half, called the Northern Hemisphere, becomes tilted more toward the sun as winter turns to spring. Meanwhile the bottom half, the Southern Hemisphere, becomes tilted more away from the sun. So it is autumn for people in Australia and the southern parts of Africa and South America.
In Canada, spring is a time of transition not only for plant and animal life, but for the weather too. It can mean weather extremes from very cold and snowy days to humid and stormy days. Some of the country’s biggest snowfalls have occurred in March, and the period from March to May is the time of year when much of the south is most likely to get severe thunderstorms with hail and even tornadoes. This is why the beginning of spring is a good time to put together a plan for what you and your family would do in case of a severe thunderstorm or tornado.
Has anyone ever told you that you can balance a raw egg on end on the first day of spring? They think that somehow the pull of gravity is more equal on this day because the sun is more directly overhead. There is no scientific support for this. The egg legend apparently got its start in 1945 when a reporter for Life Magazine wrote a story about a Chinese ritual in which people stood eggs on end on the first day of spring. But the Chinese recognized the first day of spring in early February, or about six weeks before the spring equinox! Later, in 1983, one hundred New Yorkers got together on March 20 to balance eggs, and an article about the event appeared in the New Yorker magazine. A year later, five thousand New Yorkers repeated the tradition on the first day of spring, and the egg legend grew.
St. Patrick’s Day is celebrated on March 17, his religious feast day and the anniversary of his death in the fifth century. The Irish have observed this day as a religious holiday for over a thousand years.