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Variable rates may be more expensive than you think...
It’s hard to go wrong with today’s fixed or variable rates but here is a great article on variable rate mortgages that most consumers do not think about when picking the lowest rate:
Would you consider an interest rate at 2.00%?
With the prime interest rate dropping many people are taking advantage of our new variable rate at prime -0.70%.
This rate is available for all types of mortgage transfers, refinances or purchases for both high ratio and conventional deals. This rate can be held for 60 days - real deals only. *OAC.
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