This week, "Prime -" came back. Today, a few of our mortgage lenders announced the return of "Prime -" mortgage products in Canada. Existing and potential Canadian Homeowners can now get a 3 or 5 year Variable Rate mortgage at Prime - 0.10%!* Considering just 8 months ago we were looking at variable rates as high as Prime + 1.50%, the new rates are very welcome news.
To find out how much you could possibly save by switching to a new variable rate mortgage through Alberta Mortgage, call one of the qualified mortgage professionals at Alberta Mortgage today, or apply online.
*Subject to qualification criteria
Wednesday, October 7, 2009
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