The 2.59% from MCAP was available for high ratio purchases and switches only. That is purchases, with LESS than 20% down payment, or those who are switching a mortgage at the end of their term where the original purchase was done with less than 20% down.
Everyone would of course love to get this rate now, but there is nothing even close these days. Lowest rate right now for a high ratio 5 year fixed is now 2.84%.
CityCan Financial Corp (lic. 10532)