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Rates from Mortgage Brokers
August 16, 2011
6:11 am
Jenna
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July 13, 2011
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There are some great rates through Mortgage Brokers for all terms. For example, in Ontario there are quite a few offering 3.34% (Callum Ross Team, Family Lending.ca and Safebridge). They have rates holds of 45, 45 and 90 days respectively. And prepayment terms of 15% lumpsum/15% monthly (C. Ross/Family Lending) and 20%/20% (Safebridge).

http://www.ratehub.ca has Mortgage Brokers listed by Canadian region, rate and prepayment terms.

It seems like there are great opportunities for those who decide on using a mortgage broker. I would recommend doing thorough research on the lender before commiting to a mortgage contract, though, just like anywhere.

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