My wife locked a 5 year close of 5.99% from ING Direct back in April. It is impossible to get such good rate now. Our previous bank was trying to lure us back with 3 year close of 5.99%...
dennis2(Dennis)
Also, for first time home buyers, there are quite a lot of tax exemptions and down payment can be as low as 5%. You better buy a lot of RRSP before hand, then you can use it for downpayment (up to $20,000 per person), and pay it back in 15 years.
(#139218@0) Last Updated: 2001-7-20 This post has been archived. It cannot be replied.