Anyone interested in the all time lowest 5 year fixed mortgage rate in Canadian history!? As you likely know, most home owners prefer 5 year variable mortgages because they have proven to save more money long term … this is still the “top” choice. Meanwhile; for those that may be unsure that a variable mortgage is right for them (currently about 2.15%) please note that the recent US and European economic crisis has produced 5 year fixed mortgage rates as LOW as 2.94% and with 20% early prepayment privileges … CRAZY!!! Both these types of mortgages are excellent choices, yet each consumers needs vary. Let examine what is best for each individual?
Reach out to us to learn more ways to save more money.
Peter & Team 416-236-9300 www.mymortgageplanner.ca
*rates subject to change, and these low fixed rates may be temporary?