We are constantly offered rate promotions and specials by dozens of competitive lenders so our rates can change any time. Sometimes these best rates are only possible if you can close your transaction in 30, or perhaps 45 days.
Our best rates are sometimes only available with a couple of lenders, so if you meet their lending criteria, let’s get down to business!
More people are reconsidering variable rate mortgages again – since at 2.20% they look nice compared to five year fixed rates. And a huge bonus is if you have to break a variable rate mortgage, you often only have to pay a three month interest penalty.
Helping you choose the right mortgage, based on your customized needs, will usually have a far greater impact on your financial bottom line than the interest rate will.
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If you would like to contact Ask Ross with any personal finance question at all, please follow the link or contact us at 416-989-1000.