Mortgage Rate Specials
Over the past couple weeks we have seen interest rates start to pull back slightly. There are some great rate specials available today, take a look:
5 Year Fixed – No Frills – 3.89%
This product has reduced pre-payment privileges but offers the best rate. Great for clients who don’t expect to make any extra or lump sum payments on their mortgage.
5 Year Fixed – Quick Close – 3.99%
This product must close within 45 days of your application. It provides full pre-payment privileges.
5 Year Fixed – 4.09%
The regular 5 year fixed mortgage is available for a 120 day rate hold guarantee, great for pre-approvals!
5 Year Variable – Prime – .60% = 2.15%
The variable product floats with the prime lending rate and provides full pre-payment privileges.
Take advantage of these great low rates because as the economy in Canada starts to recover the interest rates will be rising. We have already seen the Bank of Canada move the prime lending rate from 2.25% to 2.75% in the past couple months. Fixed rates are sure to rise throughout the remainder of 2010.
Apply Online at http://miimortgagegroup.com/mortgage_application.html
