Variable rate pricing drops again…

Last year, variable rate mortgages were Prime plus 0.60%…  a far cry from the Prime minus 0.90% that we saw 2 years ago.  Today, one of our Lenders has just come out with a special promotion of Prime less 0.30%….wow!    Prime is 2.25% less 0.30% gives us a rate of 1.95%….  gotta love it.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: