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Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. Posted rates may be high ratio and/or quick close which can differ from conventional rates. *O.A.C. E. & O.E. Canada’s national mortgage and leasing company with more than 2,300 members.
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Mortgage Rates. Initial interest rate and the APR on a 5-year Half & Half Rate mortgage, closed mortgage, calculated monthly. The Half & Half Rate is a variable rate. When the Coast capital savings prime rate goes up or down, the Half & Half Rate goes up or down by one-half of the change in the prime rate.
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For example, at the end of September, her firm debuted the industry’s first and only “second-lien” reverse mortgage, which is designed to allow owners who have low fixed rates on a first mortgage to.
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