View Single Post
Old 11-18-2011, 04:29 PM   #181
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
Exp:
Default

Quote:
Originally Posted by THE SCUD View Post
$14 a month. Not bad, it's the TERRIBLE mortgage terms. Seriously. At Prime?!? variable and their 'ability' to lock in 75% of the balance is at insane, 8-10% rates. it's truly terrible.


#donenow
I'm also done, but I will say that I originally noted in this thread the products like Manulife One were better than traditional mortgages, and to each their own.

I will say that the 8-10% is completely made up though. No one is locking in a rate anywhere near that and actually Manulife Bank has rates that are fairly competitive with the other major banks as far as I can see (although I'm not a mortgage broker at all).
Slava is offline   Reply With Quote