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18 month Fixed Rate term at the rate of 2.75%

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鲜花(65) 鸡蛋(0)
发表于 2009-6-25 08:55 | 显示全部楼层 |阅读模式
Today MERIX is launching an 18 month Fixed Rate term at the rate of 2.75% for you to offer your clients:
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1.        Deal must close by August 28th 2009 , z7 M2 W. T# ]5 ]% |
2.        New Deals Only, No pre-approvals.
2 }# }  k# }! i, I2 J3.        Switches and transfers are not permitted.
% q2 M0 e: I4 C/ Y0 V3 Y  d; E+ U9 n8 d4.        The 18-month term is convertible at any time with no penalty to a 5 year  fixed rate mortgage, at published rates available at time of conversion
: i  {) L' i& f3 x  ~6 l# L5.        Available on both conventional and high ratio (CMHC). 2 H9 U5 o$ Z. E  u; B6 {
6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
9 p8 j3 r9 z4 R7.        Minimum amortization is 15 years.
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鲜花(0) 鸡蛋(0)
发表于 2009-6-25 11:32 | 显示全部楼层
银行推出这个产品,说明它看淡今后1年半的利息。
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