lol td has 'mortgage' prime, which is + from their regular primeThis quote is hidden because you are ignoring this member. Show Quote
lol td has 'mortgage' prime, which is + from their regular primeThis quote is hidden because you are ignoring this member. Show Quote
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Following, I'm not due to renew for 18 months but Im a bit freaked out as I'm mid 2's now.
Cos...
Renewal comes up Sep 1. Currently at 2.05%... FML.
Tap, Rack, BANG!
December here. Currently at 3.49 and not looking forward to it.
And to think only 2 years ago I was looking forward to renewing at a sub 2 rate and having a lower payment. I blame china
Im on a July expiry.. I tried out the online brokers and had mixed experience.
-True North: Took forever to get back to me, usually several days inbetween correspondance and their rates were mid range.
-Nesto: Provided initial quote and zero after
-lowestrates.ca: my contact was sent to Rocket mortgage and they have been great. Very personal and fast replies. Going with them, 3 year, 4.79%.
Best I could find.....
Have you talked to the mortgage broker that is a sponsor here on beyond.ca?
https://forums.beyond.ca/forums/186-...ages-Made-Easy
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following as we have a new house purchase coming up in August
My fiance is a broker and said that if that's an insured mortgage then there's better rates out there.This quote is hidden because you are ignoring this member. Show Quote
It would probably be insurable now (think originally it was uninsurable?) but it’s a conventional loan for sure… most likely worse than 65% LTVThis quote is hidden because you are ignoring this member. Show Quote
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Not an insured/high ratio mortgage.
By the way, I've been dealing with CMLS in Vancouver and so far, I've had no issues with their service or pricing. However, I'm now considering getting a HELOC, even though I've never done it before. I think it's about time I start using it to finance my fancy cars.
I'm aware that simply adding a HELOC might not be possible due to potential complications with the mortgage company. Since the renewal is approaching, are there any factors I should take into account?
HELOC is not the main focus here. If it turns out to be too much of a hassle, I'll likely skip it again.
Cos...
Join the club
Use its powers
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
I'm with cmls through the mortgage broker that sponsors this forum and I have had no issues. Very straightforward to do prepayments and additional payments.
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I used to have cmls. They were good.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Are HELOC rates a lot better than typical financing options?This quote is hidden because you are ignoring this member. Show Quote
Ultracrepidarian
Heloc just prime +0.5 give or take but remember you need to have enough he to get the loc lolThis quote is hidden because you are ignoring this member. Show Quote
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
Heloc is the dark side of the force lol for most it’s better to stick to conventional as it’s more natural lol
I am user #49Originally posted by rage2
Shit, there's only 49 users here, I doubt we'll even break 100
Rates must be estimated to come down a bit, or some promos are finally surfacing. Just plugged in a build for a new 4Runner: 36 months @ 5.79% to 84 months @ 6.29%. Prime is 6.7%.
lol 84 months
Ultracrepidarian