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Mortgage Broker News | 03 Feb 2015, 10:21 AM Agree 0
As Canada’s five major banks announced prime-rate reduction for mortgages, Ontario’s largest credit union stepped up to deliver a cut of its own.
  • Gary | 03 Feb 2015, 01:38 PM Agree 0
    Not only is Meridian behind the times with their rate cut, but they are behind the times with their rate. Typical...
  • Doug | 03 Feb 2015, 02:32 PM Agree 0
    The banks and economists got "caught off guard"?!? Give me a break... that is not being caught off guard, how about the home owners in the early 80's who went from 5%ish to double digit rates overnight... THAT is being caught off guard.
  • Kevin | 05 Feb 2015, 09:35 AM Agree 0
    Hey Gary, you realize that's a 5-year FIXED rate that's being offered, right?? For comparison, I see CIBC currently offers that same term at 4.79%. Sounds like a deal to me!
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