BMO lowered mortgage rates to 2.99% on 5 year Fixed Closed!!
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Yohane
Jan 13, 2012, 10:22:42 AM1/13/12
to Wabongo, TAN_TORONTO TAN_TORONTO
With the new BMO offer, the question is "should I lock my mortgage now or wait?"
Wait hoping that the rates will go further down (this is basement rate already, never seen in Canada before). How will the competition react?
Are the Banks ready to sacrifice their spreads?
You tell me...
Wait hoping that the rates will go further down (this is basement rate already, never seen in Canada before). How will the competition react?
Are the Banks ready to sacrifice their spreads?
You tell me...
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Yohane Mgonja
Jan 14, 2012, 8:15:17 AM1/14/12
to Wabongo, TAN_TORONTO TAN_TORONTO
As anticipated RBC and TD have followed suit!
Their offer is extended to Feb 29 with 30 year amortization compared to BMO of 25 years amortization and offer expires Jan 25.
Important: Read small print!!
Sent from Yohane's iPad
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