18 month Fixed Rate term at the rate of 2.75%

郭森房贷

Today MERIX is launching an 18 month Fixed Rate term at the rate of 2.75% for you to offer your clients:
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. ?# U7 O% m3 _1.        Deal must close by August 28th 2009
. i& l7 @; S1 g7 p9 m  D" X2.        New Deals Only, No pre-approvals.
0 I) J" v( y' `# F$ U3.        Switches and transfers are not permitted.
4.        The 18-month term is convertible at any time with no penalty to a 5 year  fixed rate mortgage, at published rates available at time of conversion
. V- m, z+ k% c) E4 [5.        Available on both conventional and high ratio (CMHC).
6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
' I7 i1 b3 d$ K2 i4 G! X! @7.        Minimum amortization is 15 years.

paul.dbyu

银行推出这个产品，说明它看淡今后1年半的利息。