Quote:
Originally Posted by fotze
What is the lowest variable rate people are being offered currently?
Prime plus what?
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May not be the lowest, but a friend of mine is seeing his bank tomorrow and they are offering Prime + .8, but they are also offering him 4 year fixed at 4.59. He's currently coming off a 5 yr fixed at 4.50.
They offered him this when his banks prime was at 4.0%, so the fixed rate they were offering was lower than the variable, which I thought was strange.