Thursday, August 5, 2010

Rates are wayyyy down...

I just received notice that the five year fixed rate is down significantly! You can now get a five year, fixed mortgage for 3.99%. This is incredible; we are close to historical lows. This might just be the perfect time to purchase or refinance!

Prime 2.75 %
Open Variable Rate Mortgage 3.55 %
Home Equity Line of Credit 3.75 %
6 Month Fixed 4.45 %
1 Year Fixed 2.54 %
2 Year Fixed 2.54 %
3 Year Fixed 3.54 %
4 Year Fixed 3.89 %
5 Year Fixed 3.99 %
5 Year Fixed No Frills Mortgag 3.89 %
5 Year Fixed-1.4% cash back 4.59 %
5 Year Variable Rate 2.15 %
5 Year Fixed - 5% cash back 5.69 %

* Note: OAC. Rates are subject to change without notice. Please contact us for more information.

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