3.25% for a Fixed 5 Year Mortgage: a New Low

December 20, 2011

I stand corrected. Earlier this fall I mused on my blog that fixed rate mortgages had run their course and would hold steady or trend upwards gradually into 2012 and beyond.  I thought that the period of ultra low fixed rate mortgage money was over  and that banks wouldn’t pass on rate discounts  to borrowers any longer but just this past weekend Merix Financial introduced a new fixed 5 year mortgage at 3.25%. This is the lowest fixed 5 year mortgage rate we’ve ever been able to arrange over the 34 years of our brokerage Tridac Corporation Ltd.
Apply below for your 3.25% fixed 5 year rate and I’ll follow up with you right away or give me a call at 416.461.0204ext2 to discuss over the phone. Keep in mind that my services are free of charge to you as I get compensated by the mortgage lender through a standard finders fee.
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Christopher Molder

Mortgage Broker

Christopher is a mortgage broker based in Toronto, Canada. And a son of a broker too. He’s a second generation mortgage broker. Following in his father’s steps he joined the family mortgage business straight out of university.