Fixed rates are still edging downward, especially for the ‘quick close’ mortgages completing within 45 days of approval. For purchases/refinances of investment or ‘mortgage-helper’ properties, a percentage of rental income can be offset against mortgage payments . . . a very good opportunity at fine, fine rates
Mortgage Rates Effective - February 6, 2009
Prime Rate: 3.00%
Our Best Deals: Floating Rate - Closed, variable mortgage @ Prime + .80 = 3.80%
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