RESIDENTIAL MORTGAGE RATES EFFECTIVE: November 5, 2009
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Prime Rate = 2.25%
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TERM
(fixed)
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Bank
Rate
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BEST
Broker
Rate
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1 Year
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3.75
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2.55
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2 Year
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4.05
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3.05
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3 Year
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4.60
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3.45
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4 Year
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5.29
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3.80
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5 Year
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5.78
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4.19
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7 Year
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6.60
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5.25
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10 Year
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6.70
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5.25
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15 Year
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9.55
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9.25
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18 Year
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9.55
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9.25
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25 Year
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9.65
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9.35
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Variable Rate
Mortgages
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Prime
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2.25
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VRMs (variable rate mortgages) have dropped to PRIME + 0%!
If you’re sitting with a mortgage at
Prime + 0.40% - 0.80% it may be time to consider refinancing to lower your interest costs.
Call us to review your situation and see if it’s worth it to renegotiate the mortgage into a lower rate.
5-year Special:
3.85%
*This rate is eligible for up to $1000 towards legal & appraisal fees*
OAC. Offers subject to change without notice. Please contact our office for full details.
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- Gibbard Hoffart Financial Group
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#103-145 West 15th Street
North Vancouver, BC V7M 1R9
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This entry was posted on November 5th, 2009
| Posted in Mortgage Information