Rates depend on loan to value required and also location - some rates only available in Ontario from Credit Unions etcAlexV42653 wrote: ↑ Hi, I just see all these posts about 2.64% and 2.74% rates for 5yrs not insured. Where do you get these rates? Best I found was 2.79% but was collateral.
Purchase price: 285,000
Down payment: 20% but could be more if better
Amortization: 25 yrs but flexible to less if better
Best rate in Quebec 20% down is 2.79% but it is not a collateral mortgage 5 yr term
Rates drop if you put 30% down to 2.74% (not a big difference) & 2.69% if 35% down
Good luck Alex
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