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2002 National Press Release Archive

 

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2002 National Archive

 

 
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Mortgage Renewals
Have you received your mortgage renewal in the mail? Don't just sign the form and send it back to the lender. Over 70% of mortgage holders do just that, and what is the usual result - a higher mortgage rate and a product that might not be best suited to their needs. Choose CanEquity for the best rate mortgage renewal in Canada.

Mortgage renewal form

Best Rate Renewal Inquiry
 
 
Below is a tally of our most popular mortgage product inquiries made using our secure online application for Internet users in the province of Nunavut.

Mortgage Type Inquiries
Qualification23.21%
No Money Down23.21%
Refinance16.07%
Purchase16.07%
First-time Buyer12.50%
Renewal5.36%
Equity Mortgage1.79%
Commercial1.79%
Last Tally: Apr 10 at 04:15:07
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Today's Prime Rate
Prime, simply put, means "best". Prime is the interest rate banks provide to their top customers on loans. Prime rate is influenced by economic conditions. Other rates, including variable interest rate mortgages, are influenced by prime.

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