Mortgage Rate Update

Fri, 26th August, 2011 - Posted by Best Rate Guys

Interest Rates

 

Deciding on the type of mortgage interest plan is one of the most important decisions a home buyer will make. Your choice of mortgage plan can save you tens, even hundreds of thousands of dollars over the life of the mortgage. While we offer the best rates in the industry, obtaining the lowest rate does not guarantee the lowest total cost. You also need to consider the following:

  1. Are you obtaining the right term based on your plans and objectives?
  2. Should you choose a fixed rate or variable rate mortgage?
  3. Does it have the right features - portability, assumable, prepayment, etc.?
  4. Is it tax efficient? Can you make your mortgage tax deductible?
  5. Is it better to go for a lower interest rate or lower payments?
There are many lenders in Canada all offereing different options.  Find out what we can do for you!

Banks vs. Us

Prime 2.25% Bank Posted Our Rate
Variable Prime Prime -0.80%
1 Year Fixed 5.50 2.64 Apply Now
2 Year Fixed 5.75 2.99 Apply Now
3 Year Fixed 5.75 3.55 Apply Now
5 Year Fixed 5.79 3.69 Apply Now
7 Year Fixed 7.00 4.69 Apply Now
10 Year Fixed 7.35 4.95 Apply Now

OAC and subject to change without notice. Last updated: August 26rd, 2011


It's about a choice The BestRateGuys.com provides Canadian homeowners with access to the hundreds of mortgage products available through Canada's many banks, trusts, credit unions and Mortgage Companies. Typically our services are free of charge, AND YOU, our customers can select from the best mortgages, at the best rates, available in the marketplace! You should insist on expert advice AND professional service. A typical Financial Institution will provide you with information on the mortgage products THEY sell; while we will help you decide which Financial Institution, and which mortgage OFFER, is the best one for you.

It's about making the right decision More and more Canadians are discovering that the best mortgage decision they can make is to choose to work with us.

Take the next step now and contact us to ensure you receive expert and unbiased advice - and the professional service you deserve.

Start now. Apply online, in person or by phone @ 1.866.RATE.033 and let us help get you into the home of your dreams.

The BestRateGuys.com lowest rate guarantee is our commitment to find you the lowest possible Canadian fixed mortgage rate in terms of your situation. If we can't at least match an offer made another financial institution we will give you a $50.00 gift card just for giving us a try. Really, what have you got to loose? Call us today to discuss your mortgage options. See terms and details of $50.00 give away offer. Interested in learning more about mortgages? Subscribe to our news and articles blog on our website. This will give you up to date mortgage information brought directly to your email inbox.

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Sincerest Regards,

Paul Smith

Mortgage Agent

VERICO Designer Mortgages

www.BestRateGuys.com

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