Great news from ScotiaBank in Waterloo!
As of February 3, 2010, the variable rate pricing will be changing. The 5 year variable fixed has changed to Prime minus 0.20% currently, making it only 2.05%.
1 year fixed 2.49%
3 year fixed 3.40%
5 year fixed 3.89%
Variable fixed 2.05%
Variable open 3.05%
Any new mortgages funding in the next 4 months will be offered a special rate of 3.79% for the 5 year fixed mortgage for my clients only (based on approval). Ask me for more details!