5 Year Fixed Rates Are Back At Historical Lows!

5 year fixed rates are back below 4%. With most banks sitting around the 3.79% mark for the 5 year fixed term, there are some lenders out there offering as low as 3.59%.

Again make sure you hear about all the restrictions on the very low rates as most of these are tied to a ‘No Frills’ mortgage. With these you are not allowed lump sum payments, they are not portable, and there are other restrictions.

Make sure you get a mortgage that suits YOUR lifestyle!

Don’t just get a mortgage, KNOW your mortgage.

For more mortgage information or to apply online visit my webpage http://www.scottbourke.ca/how-to-apply-mortgage

For up to date mortgage information follow me on Twitter at www.twitter.com/reddeermortgage

Join my Facebook fan page at http://on.fb.me/gk5YeS

For questions send me an email at sbourke@regionalmortgage.ca

Thanks For Reading

Scott Bourke, AMP

Dominion Lending Centres Regional Mortgage Group

866/403-343-1125 phone

http://www.scottbourke.ca

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