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2005 National Archive

 

 
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Canadian Mortgage Rates
 
Below is a tally of our most popular mortgage product inquiries made using our secure online application.
 
Mortgage Type Inquiries
Qualification25.44%
First-time Buyer21.10%
No Money Down17.13%
Refinance11.50%
Purchase10.46%
Renewal9.54%
Equity Mortgage1.22%
Other3.6%
Last Tally: Sep 30 at 10:11:31
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Making the minimum monthly payment of 2% ($200 to start on a $10,000 debt) at 18% interest will cost you around $38,930 & will take about fifty-seven (57) years to pay off!
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