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 ARGENTUM 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: 2.75%            Bank of Canada Rate: 0.75%

TERM	BANK POSTED RATE	ARGENTUM RATE	YOUR SAVINGS
Variable Rate	2.75%	2.00%	0.75%
1 Year	3.70%	2.70%	1.00%
2 Year	4.05%	3.45%	0.60%
3 Year	4.60%	3.50%	1.10%
4 Year	5.64%	3.89%	1.75%
5 Year	5.89%	3.99%	1.90%
7 Year	6.95%	5.15%	1.80%
10 Year	7.10%	5.49%	1.61%

• Lowest varible rate is 2.00% (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 croy@argentummortgages.ca

today!

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