Best Mortgage Rates as of August 25th, 2010
If you are buying or refinancing a residential home (in Canada), or switching from a current lender, you can secure these rates NOW by contacting me today. Rates are subject to change.
| Term | Posted Rate | Our Discounted Rate |
| 6 Month | 4.65 % | 3.95 % |
| 1 Year Closed | 3.30 % | 2.54 % |
| 2 Year Closed | 3.65 % | 2.91 % |
| 3 Year Closed | 4.20 % | 3.40 % |
| 4 Year Closed | 5.24 % | 3.74 % |
| 5 Year Closed | 5.59 % | 3.75 % |
| 7 Year Closed | 6.39 % | 4.79 % |
| 10 Year Closed | 6.60 % | 5.09 % |
| 3 Year Variable |
2.75 %(Prime) |
2.05 % (Prime -.70%) |
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6 month rate guarantee 5 yr fixed 4.13%
3 yr 2.90% fixed must close by Oct 15th!
5 yr 3.69% fixed must close before Oct 15th!
Free Downpayment FINANCING 5 year - 5.39%
Other terms are available
Mortgage rates can be held for up to 120 days (4 months). If rates drop, your rate will be lowered up to two days prior to closing. If rates increase, no worries, your rate can be no higher than originally set.
** The above rates are available to credit qualified borrowers of Ottawa-Carleton Mortgage. Rates subject to change.
Individuals that do not qualify normally may still be financed, but must call for a quote on rate and fees based on their particular circumstance.
Up to 5% Cash Back mortgage rate program is available. Please call Dan to confirm rates.