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PostPosted: Wed Jun 10, 2015 11:11 am 
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Joined: Fri Feb 01, 2008 2:35 pm
Posts: 528
As we get geared up for the summer season, lenders are stepping up to the plate with some super low mortgage rates. 5 year variable rates available as low as 2.00% (prime -0.85%). A great alternative to this is a 3 year fixed as low as 2.15%.

With these rates being at near record lows, it can be a great time to consider consolidating higher interest debt into your mortgage. As most mortgages come with pre-payment privileges, you can then increase your mortgage payment to include the additional funds you were used to paying toward your debt each month to significantly accelerate the payoff of that debt...without having the bulk of your payment going towards interest.

_________________
Paul Meredith
Mortgage Broker
CityCan Financial (est 1976)
416-409-8009
http://www.easy123mortgage.ca
paulm@citycan.com
Lic#10532

Follow me on Twitter! http://www.twitter.com/paulmeredith


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PostPosted: Sat Jun 13, 2015 6:06 am 
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Joined: Thu Aug 10, 2006 7:59 pm
Posts: 1827
Location: MILTON
This party is going to end soon and bad


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PostPosted: Tue Jun 30, 2015 4:47 pm 
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Joined: Thu Aug 10, 2006 7:59 pm
Posts: 1827
Location: MILTON
4 months of negative gdp...that means we are close to an official recession....that means lower rates...but what do I know.....?


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