Prime "A" interest rates effective July 29, 2010
Note: "A" Mortgages means normal bank qualifications for Hi-ratio or Conventional mortgages on residential owner occupied homes..
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1 Year
2 Year
3 Year
4 Year
5 Year*
7 Year
10 Year
Variable Mortgage**
Prime Rate
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2.70%
3.45%
3.50%
3.89%
3.66%
5.15%
5.49%
1.90%
2.50%
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How much can you afford? click here to access the CMHC mortgage calculator.
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*Available on qualified firm deals only, with a 30 day closing. Regular 5 year fixed rate is 3.98%
**VARIABLE RATE MORTGAGE AVAILABLE AT PRIME MINUS -.60% for a term of 5 years.
Cash back available at 5.99%
Note: Variable Rate Mortgage is convertible at any time to the full discounted rate of up to 1.40% below posted rates.
Call to pre-qualify and get up to 120 DAY RATE GUARANTEE
All rates are subject to change without notice
"A" mortgages are:
Portable and Assumable
15% to 20% prepayment privileges.
Double-Up privilege
No fee to qualified applicants
Nationally recognized Lending Institutions
ASK ABOUT OUR QUICK CLOSE PROMOTIONS!!
Un-qualified "B" mortgages available at rates from 6.45%
Second Mortgages available for purchase or refinance up to 90% of the value of residential property
Contact Bob Widdicombe or Kalee McTaggart for full details AT 905-309-9743
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