Well I just blooged the other day about it going down another quarter of a point and here it is. For all of you folks with adjustable rate mortgages, congradulations your mortgage payment goes down again.
The Lenders are putting this into practice as we speak, so the next little while we shall see what will happen next. The latest rates are as follows
Lynn Meldrum , Mortgage Professional
Verico Canada First Mortgage
Phone 1-403-554-9142
Fax 1-866-53-4235
Email lynn@canadafirstmortgage.com
|
Term |
Our Discounted |
Posted Bank Rate |
|
Adjustable |
Prime plus 0.75% |
Prime Plus 1% |
|
1 Year |
2.99% |
5.50% |
|
2 Years |
3.59% |
5.75% |
|
3 Years |
3.59% |
5.75% |
|
4 Years |
3.79% |
5.69% |
|
5 Years |
3.69% |
5.79% |
|
7 Years |
5.15% |
7.00% |
|
10 Years |
5.25% |
7.35% |
|
|
rates as of April 22, 2009 |
|
|
|
Rates can change w/o notice |
|
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