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Tuesday, September 7, 2010, 11:51 pm

TERM      OUR RATES   POSTED RATES

 

***5 year FIXED - 3.65%* - Must close by Oct. 31st, 2010

 

6 Month        3.95%         4.75% 
1 Year          2.44%         4.30% 
2 Year          2.89%         4.05% 
3 Year          3.49%         4.50% 
4 Year          3.79%         5.24% 
5 Year          3.79%         5.59% 
7 Year          4.75%         6.50% 
10 Year        5.09%         6.85%

 

All rates good for 120 day holds unless noted

 

Closed Variable   2.10%
Open Variable     3.55%
Prime Rate          2.75%


As of September 7, 2010.

Rates may vary provincially and are subject to change without notice.

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"Never discourage anyone...who continually makes progress, no matter how slow."
Plato (427 BC - 347 BC)
Butler Mortgages

Internet usage when looking for a mortgage

The results of the second national survey of Canadian mortgage consumers reveals that almost one-in-three consumers use the Internet when looking for a mortgage, up from 25% one year ago.
09-26-2006 20:54 More...


US economy slows

WASHINGTON — The economy grew at a 2.9 percent annual rate in the spring — better than first estimated but nowhere near the brisk pace logged in the winter, another sign of slowing business growth. Inflation marched higher.
Reviewed by Daniel Patton;
09-21-2006 11:59 More...


The 26th International Union of Housing Finance Congress

VANCOUVER, September 19, 2006 — More than 250 business leaders and officials from more than 40 countries will attend the International Union for Housing Finance (IUHF) 26th World Congress starting today in Vancouver, Canada.
Reviewed by Daniel patton;
09-21-2006 11:55 More...


Construction Begins on Affordable Housing Project in Brampton

BRAMPTON, Ontario, September 11, 2006 — The Government of Canada, the Government of Ontario, the Region of Peel and the City of Brampton celebrated the start of construction for a project that will create 200 units of affordable housing under the Canada — Ontario Affordable Housing Program.
Reviewed by Daniel Patton;
09-21-2006 11:51 More...


Housing Starts Decreased in August as Expected

Reviewed by Daniel Patton;

OTTAWA, Ontario, September 11, 2006 — The seasonally adjusted annual rate1 of housing starts was 213,700 units in August, down from 236,500 units in July, according to Canada Mortgage and Housing Corporation (CMHC).
09-21-2006 11:46 More...


Bank of Canada does not raise Prime Rate, rates appear to be stabalizing

The Bank of Canada today announced that it was not increasing or decreasing its key interest rate, keeping the Prime Rate holding steady at 6.00%
09-11-2006 12:27 More...


Smith Manoeuvre

Do you want to make your home mortgage interest tax deductible?
09-11-2006 12:22 More...


Variable or Fixed ?

For a lot of people it's a more intimate question than "boxers or briefs?" and the reply is probably more revealing about a person's innermost self: Fixed-rate or variable-rate mortgage?
09-11-2006 12:07 More...



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