Five-Year Fixed Mortgage Rates Smash 2.00% Barrier for the First Time
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 08/25/16 -- intelliMortgage has become Canada''s first mortgage provider with a 5-year fixed rate below the key 2.00% psychological threshold.
According to website, RateSpy.com, intelliMortgage''s 1.99% rate is a record low for Canada''s most popular mortgage term. The offer allows borrowers needing protection from potential rate increases to lock in cheaper than most variable mortgages.
Unlike other deep discount promotions, this mortgage is well appointed with 20% annual prepayment privileges, no refinance prohibitions and a "fair" penalty for early discharges. The rate is available on approved credit for insured mortgages over $250,000.
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About intelliMortgage Inc.
intelliMortgage is an online discount dedicated to cutting fat from the mortgage process. Its proprietary mortgage search engine empowers self-directed borrowers to avoid commissioned-salesperson bias by comparing all major lenders and customizing their own mortgage online.
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Robert McLister
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Datum: 25.08.2016 - 11:42 Uhr
Sprache: Deutsch
News-ID 1454589
Anzahl Zeichen: 2859
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TORONTO, ONTARIO
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Personal Finance
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"Five-Year Fixed Mortgage Rates Smash 2.00% Barrier for the First Time
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