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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1.        Deal must close by August 28th 2009
8 N6 ]; H! Y) Z2.        New Deals Only, No pre-approvals.
3.        Switches and transfers are not permitted.
6 n1 o' {# B8 ?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
) C, \7 J' U+ K" `5.        Available on both conventional and high ratio (CMHC).
6 Q: d3 A& e# f- g9 P' L6.        15bp premium would be added to the rate where applicable for Rental properties or BFS applicants.
4 \( r$ o6 u- h4 q" f7.        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。