Mortgage Changes – March 18 Deadline – Amortization Changes
Transcript of Video: Coming soon!
| Term | Bank Rate | Our Rate |
| 1 Year | 5.44 % | 4.34 % |
| 2 Year | 5.24 % | 4.59 % |
| 3 Year | 5.44 % | 4.44 % |
| 4 Year | 5.89 % | 4.69 % |
| 5 Year | 6.14 % | 4.49 % |
| 7 Year | 6.40 % | 5.34 % |
| 10 Year | 6.65 % | 5.44 % |
Transcript of Video: Coming soon!
I’m getting lots of questions about why bank penalties have fallen in the last three weeks. This blog explains the calculation methodology behind it: Transcript of Video Blog: Hi, everybody. It’s Rowan Smith from the Mortgage Centre. I wanted to address penalties, and interest rate differentials, and three month interest penalties and how it all
April 19th, 2010 is the date, and the new mortgage rule changes go into effect today. Our office did a presentation to 50 realtors and clients last week, and below are the three videos that came from it where the changes are discussed at much, much greater length than previously. Enjoy! Transcription of Video Blogs
