You can possibly get 1.30% (Prime minus 1.15%) variable 5-yearJaSkapem wrote: ↑ @TazZaide & @CdnRealEstateGuy My post was waiting for moderator approval yesterday I was hoping you could have a look at my situation:
I am currently 0.5 years into my 5-year variable closed mortgage with TD. My rate is 2.15% (TD Prime -0.45%)
-How much is the mortgage owing? $720,000
-Roughly, what is the current market value of the property? $920,000
-Which city is the property located in? Ottawa, ON
-Is the property owner-occupied or a rental? Owner-occupied
-Who is your current lender? TD
-Do you have a HELOC tied to the mortgage? No
-Is the mortgage CMHC insured? No
-When did you buy the property? 2020
-What was the purchase price? $910,000
-When is your renewal date? Aug 2025
What would be the lowest rate available for me? Thank you for your help
Neil Joseph
Mortgage Agent, Broker Lic #10530
Mortgage Agent, Broker Lic #10530