As mentioned, 2.84% 5-year fixed is the best rate.asgr815 wrote: ↑ Hi,
Whats the best rate for 750k High ratio mortgage with around 8% or 10% down. And i am seeing rates of 2.84/2.89. Is that from a big 5 bank or credit union like First National etc
First time home buyer, Almost on border of GDS & TDS ratios.
house price : $750,000
Original purchase date (month and year): Apr 2019
Did you pay an insurance premium such as CMHC when you purchased the home? YES
Is this your primary residence or a rental property? Primary Residence
Location: Halton Region
HOWEVER, you need to hurry. You said the closing date is this month. It takes about 2 weeks minimum to get a mortgage in-place. Furthermore, you lawyer will want mortgage instructions about a week before closing.
Principal Broker - First Toronto Mortgage - MA (Ontario #13176, BC #X301007)
Real Estate Salesperson - Century 21 Innovative