Thread: Mortgage Advice
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Old 05-21-2009, 09:31 PM   #55
GrrlGoalie33
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Join Date: Mar 2006
Location: CALGARY
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Quote:
Originally Posted by MJK View Post
Here si the latest e-mail regarding the best rates he can give me:

5 year fixed 3.75%, 3.65% 3 year fixed, 3.55% 2 year fixed, 3.25% 5 year open variable, 3.05% 5 year variable closed
We are in the process of renewing our mortgage at the moment...

The difference in interest paid on a $175,000 mortgage over a 5 year period is less than $2,000 for .5 of a percent on the interest rate...

For us it wasn't even a question about what terms we went with...5 year fixed...Mike Oxlong did an awesome job and got us a great rate...spend some time talking to him.
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