Update: Rate dropped to 2.74% Saw another ad on my FB lol
edit:
Whoops! Guess you beat me to it!
edit:
Whoops! Guess you beat me to it!
SavvyShopperCa wrote: ↑ Special offer rate of 2.74% APR** View footnote * on a 5-year fixed closed term high ratio mortgage
*The annual percentage rate (APR) is based on a $200,000 mortgage for the applicable term assuming a property valuation fee of $300. APR means the cost of borrowing for a loan expressed as an interest rate. It includes all interest and some non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same. This rate is only available for Residential (Conventional) and Equity Power Mortgages of owner-occupied properties with an amortization of 25 years or less. Rates are subject to change without notice. Some restrictions may apply.
** The variable rate is equal to HSBC Prime Rate - 0.91%. The rate will change as HSBC's Prime Rate changes. Rates are subject to change without notice. For information and to confirm most recent rates, please contact any HSBC branch. Mortgage Rates above are applicable to First Mortgages only. Some restrictions apply.
1 High Ratio Mortgage is when customer obtains a personal mortgage with mortgage default insurance with HSBC Canada. For full terms and conditions click hereclick here This link will open in a new window.
Realtor (Investment Properties) - CPA, CA