Posted in Basic Mortgage Info
Tags: canadian mortgage, canadian mortgages, daily interest, different interest, different interest types, financing, home loan, interest types, monthly compounding, monthly interest, mortgage, mortgage compounding, mortgage interest, semi-annual compounding, semi-annual interest, semi-annual loan, semi-annual loans, semiannual interest
Posted in Mortgage Myths
Tags: interest, lower rate mortgage, making extra mortgage payments, making extra payments, mortgage, mortgage interest, mortgage less interest, mortgage payment, mortgage payments, pay less interest, pay less interest mortgage
1 Year - 2.35%
2 Year - 3.10%
3 Year - 3.19%
4 Year - 3.49%
5 Year - 3.59% **
7 Year - 4.45%
10 Year - 4.95%
Variable Closed = Prime - 0.80%
Variable Open = Prime + 0.80%
FIXED Open = 6.30%
Prime Rate - 3.00%
Rates effective December 30th, 2010. 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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