2008 August 20 « MORTGAGES VANCOUVER

Archive for August 20th, 2008

Purchasing an Investment Property – Using Equity or Refinance

• August 20, 2008 • Leave a Comment

Posted in Market Commentary, Mortgage Tips, Potential Mortgage Pitfalls and Risks, Refinance
Tags: buying investment property, equity investment, equity mortgage, equity take out, financing, interest rate trends, interest rates, Investment Property, mortgage, mortgage broker, mortgage broker vancouver, prime rate, prime rate trends, real estate vancouver, refinance mortgage, rental properties, rental property financing, using equity to buy investment property, vancouver mortgage broker, Vancouver Real Estate

----------Current Rates----------

1 Year - 2.25%
2 Year - 2.95%
3 Year - 3.49%
4 Year - 3.90%
5 Year - 3.99% **
7 Year - 4.45%
10 Year - 5.30%
Variable Closed = Prime - 0.25%
Variable Open = Prime + 0.80%
FIXED Open = 6.45%
Prime Rate - 2.25%

Rates effective November 27th, 2009. Rates subject to change without notice. E and O E.

** Some conditions apply pertaining to income, credit, and overall application strength and lending policy. Inquire for details.

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MORTGAGES VANCOUVER

Archive for August 20th, 2008

Purchasing an Investment Property – Using Equity or Refinance

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----------Current Rates----------

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