Mortgage Changes – March 18 Deadline – Amortization Changes
Transcript of Video: Coming soon!
Term | Bank Rate | Our Rate |
1 Year | 7.84 % | 6.74 % |
2 Year | 7.34 % | 6.09 % |
3 Year | 7.14 % | 4.79 % |
4 Year | 6.99 % | 4.99 % |
5 Year | 7.04 % | 4.74 % |
7 Year | 7.10 % | 5.59 % |
10 Year | 7.25 % | 5.84 % |
Transcript of Video: Coming soon!
Transcript of Video Blog: Hi, everybody. I want to address a very common myth, and that’s that people think their variable rate mortgage, because it is open to fluctuations, is in fact an open mortgage. That’s not the case. There’s a lot of confusion as to what is an open mortgage versus a variable mortgage
Transcript of Video Blog: Hi everybody, it’s Rowan Smith with The Mortgage Center. We’re going to try something a little different this week, and we’re going to cover something that’s very commonly requested of me, which is details on debt servicing, what is it, and how to calculate it. So there’s two main ratios that