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| Marked dropped in fixed rates lower than variable http://www.hawthornevillager.com/phpbb/viewtopic.php?f=3&t=40644 |
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| Author: | kashsaba [ Wed Aug 31, 2011 11:28 am ] |
| Post subject: | Marked dropped in fixed rates lower than variable |
Just read these rates inanother forum Unbelievable low rates Rates for 250k + mortgages and renewals and potential 1 year holds. 1 year 1.9-2% 2 year 1.69-1.79% 3 year 1.85-1.95% 4 year 2.28%-2.38% 5 year 2.74%-2.84% If you're not putting 20% down and need to take insurance they can knock off even more Are these true rates? |
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| Author: | christinajackson [ Wed Aug 31, 2011 11:45 am ] |
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Let's see what the brokers on the forum have to say....I am not seeing rates this low. Seems too good to be true. |
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| Author: | Farhan [ Wed Aug 31, 2011 4:13 pm ] |
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WOW. Can somebody confirm it. also to break a mortgage which is around 3.49 Fixed. whats the panatly ... its CIBC and admin fee |
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| Author: | PaulMeredith [ Thu Sep 01, 2011 4:31 pm ] |
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I have some pretty darn low rates available, but nothing like that. Haven't seen anything even REMOTELY close. With one year rate holds at that? Curious, who is actually promoting this? Something doesn't seem right. |
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| Author: | PaulMeredith [ Mon Sep 26, 2011 3:38 pm ] |
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It was a special promotion National Bank was running in August, which I have been told by my rep from NBC that it is no longer running. It was offered through a different channel of National Bank, so we weren't given any information or access to it. The best rate I have available right now is a 5 year fixed at 3.19%, 4 year at 2.89% or a 3 year at 2.69%. |
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| Author: | kashsaba [ Fri Sep 30, 2011 12:13 am ] |
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Still 4 and 5 years rates are very competitive form National bank and will be going up On Oct 2nd. just in the process of approval for 1.99% for 3 years fixed. |
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| Author: | kashsaba [ Sun Oct 02, 2011 4:07 pm ] |
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1.99% promotion is over as mentioned by Paul. |
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