2008 August 22 « MORTGAGES VANCOUVER

Archive for August 22nd, 2008

Canadian Mortgage Changes – CMHC Mortgage Rule Changes

• August 22, 2008 • Leave a Comment

Posted in Market Commentary, Mortgage Types
Tags: 0% down, 40 year ammortization, 40 year mortgage, canada morgage changes, canada mortgage changes, canadian morgage changes, canadian mortgage changes, CMHC changes, financing, free down payment, interest rate trends, interest rates, morgage broker vancouver, morgage changes, morgage vancouver, mortgage broker vancouver, mortgage changes, mortgage new, mortgages, no down payment, no down payment mortgage, no money down mortgage, prime rate trends, rate trends, rule changes mortgage, vancouver morgage, vancouver morgage broker, vancouver mortgage, vancouver mortgage broker, zero down, zero down mortgage

----------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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MORTGAGES VANCOUVER

Archive for August 22nd, 2008

Canadian Mortgage Changes – CMHC Mortgage Rule Changes

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

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