Monday, August 31, 2009
Current mortgage rates in Canada
First Line Mortgages (CIBC company) now offers
3.35% for 2 years fixed mortgage
4.69% for 5 years,
or Prime+0.40% for variable mortgage,
or Prime+1.50% for open variable mortgage.
CIBC prime is 2.25% now.
I guess such low rates may long until the financial crisis and our local great depression is over, I personally don't think the situation is dramatically changed for the next at least half a year.
3.35% for 2 years fixed mortgage
4.69% for 5 years,
or Prime+0.40% for variable mortgage,
or Prime+1.50% for open variable mortgage.
CIBC prime is 2.25% now.
I guess such low rates may long until the financial crisis and our local great depression is over, I personally don't think the situation is dramatically changed for the next at least half a year.
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