Mortgage rates - First-time Home Buyers
Hey 👋,
Shopping around for rates. I would like to know what others are getting this time around. Details:
- Property: $815K - rural, septic, drilled well in North Algona Wilberforce. Primary residence (all year-round). Close to Eganville.
- 20% downpayment (uninsured)
Quotes I have received:
TD:
- 3-year fixed @ 4.19%
- 5-year fixed @ 4.39%
- 5-year variable @ 3.79%
BMO: $2100 cashback
- 3-year fixed @ 4.09%
- 5-year fixed @ 4.34%
- 5-year variable @ 3.60%
Think Financial:
- 3-year fixed @ 4.29%
- 5-year fixed @ 4.19%
- 5-year variable @ 3.68%
Most of them: 20% increase in regular payments and 20% annual lump sum.
u/hedb_ — 2 days ago