CanEquity lowers mortgage rates

CALGARY, Alberta, February 15, 2008 — CanEquity Mortgage lowered the following residential mortgage interest rates, effective immediately:

  1-year closed   5.20%  (-0.10%)
  2-year closed   5.95%  (-0.15%)
  3-year closed   5.99%  (-0.11%)
  4-year closed   5.99%  (-0.11%)
  5-year closed   5.74%  (no change)
  7-year closed   6.20%  (-0.05%)
  10-year closed  6.25%  (-0.05%)

For further information: Anthony De Almeida, (403) 374-1782 ext 226