Edmonton first-time home buyers will soon be able to qualify for a larger mortgage and a more expensive, newly built home. This is a step in the right direction for more affordable housing, especially in Edmonton. I sat down with Min and Jessica on CBC Radio Active to talk about this change. Click here to listen to the interview.
Federal Gov’t Bringing Back 30 Year Mortgages
Federal Gov’t Bringing Back 30 Year Mortgages
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TERM | BANK RATES | OUR RATES |
---|---|---|
1 Year Fixed | 7.84 % | 6.74% |
2 Year Fixed | 7.34 % | 6.04% |
3 Year Fixed | 6.99 % | 4.89% |
4 Year Fixed | 6.79 % | 5.14% |
5 Year Fixed | 6.84 % | 4.79% |
7 Year Fixed | 7.59 % | 6.14% |
10 Year Fixed | 8.25 % | 6.20% |
5 Year Variable | 7.20 % | 6.20% |