Mortgage Rate Update
Below are the current rates my partners at Equity Plus Mortgages. If you have any questions or would like some help getting Pre Approved before the mortgage rules change contact me here. donmerrifieldjr@remax.net
Welcome to the Feb 1st, 2011 Verico Equity Plus interest rate update. As your Mortgage Broker, it is our job to negotiate with Lenders on your behalf, allowing you to skip the usual headaches and hassles of mortgage shopping. Whether you are buying, refinancing to consolidate some debt, looking to lower your interest rate to free up some money, renewing your current mortgage or just considering locking in your variable rate mortgage, you can count on our team to find a product that best suits your financial needs. Best of all - our service is "free" as we are paid by the lender that we place your mortgage at. Feel free to contact us at anytime and we look forward to answering any questions you may have and assisting you with your mortgage.
POSTED RATES LOAN DURATION OUR RATES
N/A 6 Months 3.95%
3.35% 1 Year 2.65%
3.60% 2 Years 3.10%
N/A 3 Years 2.77%**
4.94% 4 Years 3.79%
N/A 5 Yr. - Quick Close 3.79%
5.19% 5 Yr. - Standard Rate 3.89%
3.70% 5 Yr. - Variable Special 2.25%*
6.35% 7 Years 4.75%
6.50% 10 Years 5.05%
*Variable Rate is Prime rate of 3.00% MINUS 0.75% bps = 2.25% on a 5 year term. **3 year is High Ratio 50/50. Rates are subject to change without notice and client may have to qualify at a higher interest rate. All interest rates are subject to approved credit and income verification.