Which bank has better mortage rate now?

[moose]

I have to renew my mortage next month. Just check with TD, BMO and PC. It seems the rates are not so good as last year. The best closed variable rate is Prime + 0.5%~0.8%, open variable Prime +1%. Fixed rates are pretty high. And it is hard to predict the trend.

Any suggestions?

Thanks

 

[ccc]

I'd go with a variable rate as traditionally variable rates were lower than fixed ones on average.

 

[oureal]

There is no better deal. That's the situation NOW!

 

[Danieljiang]

Situation has been changed now.

Yes, i agree with "a variable rate as traditionally variable rates were lower than fixed ones on average". However, you cann't get the variable rate as good as before, for example equale to prime rate or even lower. Situation has been changed now. Shopping around and get the better rate as you can. To mitigate the risk, you can split your mortage into two mortages: one goes with variable rate and another goes with fixed rate.

 

[toy]

给你推荐这个非常棒的房贷经理,他是TD BANK 负责OTTAWA地区的总经理,我家房贷 就是他做的,非常非常满意!

给你推荐这个贷房经理,他是TD BANK 负责OTTAWA地区的总经理,我家房贷就是他做的,非常非常满意!



Mathieu Nesbitt
Manager Residential Mortgages
Greater Ottawa Area
T: 613-868-9197
F: 613-226-8626
P: 866-767-5446
Mathieu.Nesbitt@td.com

 

[toy]

回复Southkey 楼主

我给你推荐的人,他负责整个Ottawa地区的房贷款,可能事情太多,也许忙忘记了,相信给你推荐的人不会有错,他非常精通房贷项目,象我们一点不懂房贷的人,他还会从贷款人你的角度给你分析各种利弊.我认为你应该主动打电话与他联系.我是好心请别误会.

 

[矛盾]

Did you check with this broker? It sounds good for 3 year and 5 year.

http://bbs.comefromchina.com/forum43/thread663820.html

I have to renew my mortage next month. Just check with TD, BMO and PC. It seems the rates are not so good as last year. The best closed variable rate is Prime + 0.5%~0.8%, open variable Prime +1%. Fixed rates are pretty high. And it is hard to predict the trend.

Any suggestions?

Thanks

 

[yycivang]

Did you check with this broker? It sounds good for 3 year and 5 year.

http://bbs.comefromchina.com/forum43/thread663820.html

RBC, 5 year fixed rate, 4.49%.

Canadian Mortgages - Residential Mortgages by RBC Royal Bank