Financing unique properties, RRSP to fund your own mortgage, extra payments go a long way, Toronto housing affordability...in one of our receent posts, Oddball Private Mortgage Financing, we explained the challenges of financing unique properties. As private mortgage lenders with exclusive access to a mortgage investment corporation (MIC) the post told the story of how we financed a property ...
Blog by Tridac Mortgages
The Canadian Association of Accredited Mortgage Professionals report can be downloaded here.
Highlights from the CAA ...
2.45% – 1 Year Fixed
3.34% – 3 Year Fixed
3.49% – 5 Year Fixed (quick close December 31st)
3.54% – 5 Year Fixed (120 day ratehold)
3.09% – Merix 50/50 Mortgage (fixed / variable hybrid)
P-.70 3 Year Variable (2.30%)
P-.75 5 Year Variable (2.25%)
Prime Rate is currently 3.00%