With today's mortgage rates at their lowest levels in nearly 50 years, Canadians now have a vast array of mortgage products and features to chose from.

It is important to realize that although your mortgage rate may seem to be the most important factor in choosing a specific deal, you should also inquire about other features such as; pre-payment privilege, portability, assumability and payment frequency, to name a few.

Your 'Accepted Mortgage Professional' has electronic access to nearly 100 different lenders and thus shops the market for the 'perfect mortgage' that best suits your financial situation.

 

Bank Prime Rate: 3.00%            Bank of Canada Rate: 1.00%

TERM	BANK POSTED RATE	ACCEPTED RATE	YOUR SAVINGS
Variable Rate	3.00%	2.25%	0.75%
1 Year	3.70%	2.64%	1.06%
2 Year	4.05%	3.30%	0.75%
3 Year	4.55%	3.45%	1.10%
4 Year	5.19%	3.59%	1.60%
5 Year	5.69%	3.54%	2.15%
7 Year	6.55%	4.69%	1.86%
10 Year	6.95%	4.99%	1.96%

• Lowest varible rate is 2.25% (Prime - 0.75%) (O.A.C.)
• Rates are subject to change without notice and are subject to approval (O.A.C.)
• Quite often certain lenders will offer limited time interest rate discounts with specific conditions.
• The above rates are given as a guide for residential first mortgages that can qualify institutionally.
• For second mortgages, commercial mortgages and challenging situations, call us for more details.

Call (905) 646-0044

or email info@AcceptedMortgagePro.com

today!

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