How the Banks Reward You for Renewing Your Mortgage

January 6, 2011 by admin

Term	Bank Rate	Our Rate
6 Month	7.25%	6.84%
1 Year Closed	7.69%	6.79%
2 Year Closed	7.04%	6.49%
3 Year Closed	6.89%	6.01%
4 Year Closed	6.64%	5.84%
5 Year Closed	6.54%	5.79%
7 Year Closed	7.00%	5.74%
10 Year Closed	7.49%	5.94%
VRM Closed	7.65%	6.90%
Line of Credit	8.20%	7.70%