18 month Fixed Rate term at the rate of 2.75%

郭森房贷

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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9 |' }; `& [$ h% d+ L2 J; m, x1.        Deal must close by August 28th 2009
# q% q+ v, d' O6 f. E2.        New Deals Only, No pre-approvals.
3.        Switches and transfers are not permitted.
4.        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
5.        Available on both conventional and high ratio (CMHC).
8 s$ }1 H' {6 P' A6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
4 n+ c' s; v% Z; w' x( }7.        Minimum amortization is 15 years.

paul.dbyu

银行推出这个产品，说明它看淡今后1年半的利息。