Wednesday, August 05, 2009

Mortgage rate update - Rates drop again

Hello,

The mortgage interest rates just dropped again. Please see below.

1. Limited time: Variable rate @ P+0.25%, with the term less than 3 years.
This is great if you would like to take advantage of low variable rate, but
don't want to lock in 5 years term.
2. 5-year variable rate @ Prime +0.2%
3. 1-year fixed rate @ 2.70%
4. 2-year fixed rate @3.05%
5. 3-year fixed rate @ 3.55%
6. 4-year fixed rate @3.99%
7. 5-year fixed rate @3.89%


Please don't hesitate to contact me if you need any assistance with
mortgage financing .

I hope this finds you Happy and Healthy!

All the Best!

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

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