MORTGAGES VANCOUVER

Tips, Advice, and Explanations from a Vancouver Mortgage Broker
 
 

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: vancouver mortgage broker, mortgage broker vancouver, mortgage, Vancouver Real Estate, mortgage broker, financing, interest rates, real estate vancouver, equity take out, equity mortgage, interest rate trends, prime rate, prime rate trends, Investment Property, buying investment property, refinance mortgage, rental property financing, rental properties, using equity to buy investment property, equity investment


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Rowan Smith is an independent Vancouver Mortgage Broker with The Mortgage Centre - Citywide...

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


1 Year - 2.25%
2 Year - 2.85%
3 Year - 3.39%
4 Year - 3.89%
5 Year - 3.85% **
7 Year - 4.60%
10 Year - 5.20%
Variable Closed = Prime - 0.10%
Variable Open = Prime + 0.80%
FIXED Open = 6.55%
Prime Rate - 2.25%

Rates effective October 22, 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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