Canadian homeowners can now take advantage of record-breaking low fixed Mortgage Rates, which are much more advantageous than variable-rate mortgages. Although variable mortgage rate rates have decreased dramatically, they are still not worth opting for. The reason for this is because the prime percentage right now is three percent, and variable discount is three percent -25, which equals 2.75 percent. This 2.5 percent variable mortgage rate is exactly that, variable, and I can move up at any time, making it an extremely high-risk product.
Canadian homeowners can now take advantage of record-breaking low fixed Mortgage Rates, which are much more advantageous than variable-rate mortgages. Although variable mortgage rate rates have decreased dramatically, they are still not worth opting for. The reason for this is because the prime percentage right now is three percent, and variable discount is three percent -25, which equals 2.75 percent. This 2.5 percent variable mortgage rate is exactly that, variable, and I can move up at any time, making it an extremely high-risk product.
For this reason, you are going to want to use our Mortgage Calculators, which can help you to discover the best fixed mortgage rates available for you no matter where you live in the country. Our Canadian mortgage calculators offer you computations based on your input, providing you with a monthly payment for your mortgage. You can also calculate your required annual income, which every Canadian homebuyer should have, in order to properly calculate your mortgage rates and payments.
In addition, we also offer a number of mortgage calculators that will assist you in finding out what your monthly payment may be, which includes any applicable finance charges. You can also calculate the balance of your mortgage, and your potential savings if you make larger monthly payments. In this way, you can potentially reduce your mortgage by paying more towards it each month.
You can also discover if your mortgage rates are too high, and estimate the potential benefits of refinancing your loan to take advantage of these record-breaking low fixed mortgage rates. You can also calculate the potential interest on a mortgage only loan, or the interest on your refinancing loan, if that is the avenue you choose to take. There are also mortgage calculators that can assist you with deciding which loan offer is best, as well as how to decrease your mortgage payoff time.
Although these mortgage calculators can be an extremely valuable assistance, it is imperative for you to find the best mortgage rates in Canada. At our website, we can help you to find the best mortgage rates available, in the easiest manner possible. Because there are two different kinds of mortgage rates, which are variable and fixed, it is important for you to understand the intricacies of each, to allow you to get the best deal and save the most money on your mortgage.
Here, you will find the most competitive wordage rates in Canada, which are derived from over 70 lenders from across the country. All of these lenders are aware that we offer the best interest rates available, which increases the competition, which can save you money. All you need to do is to fill out a short form providing us with some simple information, and you will receive the most competitive mortgage rates in Canada today.
Discover for yourself the difference that the right Canadian mortgage rates can do for you and your family. All you need to do is log onto the Internet, and check out www.syndicatemortgages.com and find out more. Alternatively, you can visit us in person at 8920 Woodbine Ave. in Markham Ontario, or call us toll-free at 888-646-1062, as we are available to help you with all of your mortgage options questions.