CanEquity Mortgage Canada - Best Canadian Mortgages, Rates & News's Cache

CanEquity Mortgage Canada - Best Canadian Mortgages, Rates & News /**/ Friday, December 21, 2007  Canadian Mortgage Rates, Calculators, News & Information //  WHAT'S NEW! | CANEQUITY EMPLOYMENT OPPORTUNITIES | SEARCH | SITE MAP  A Canadian Mortgage Company Apply online Track Application Mortgage Stats Rate calculator Tell a Friend -- Prime Rate: 6.00 % Site Updated: December 21st, 20073:00 p.m. There are 25 users currently viewing this website. Related Links: Canada Mortgage and Housing Corporation For Alberta Mortgages For Ontario Mortgages Google Open Directory Alexa® - Most Popular Bank of Canada Equifax Credit Report Canadian Mortgage Rates Display Canada's lowest mortgage rates right on your web site for free. Important Holiday Notice: Please Note: Our underwriting office will be closed the week of Monday, December 24th for the Holiday's, but our web site will still be accepting applications. We will resume normal business hours starting Wednesday, January 2nd. Finding the Best Mortgages in Canada! Providing Canadians with the best mortgages Canada has to offer is what our mortgage brokers do! Here you will find the lowest mortgage rates in Canada, plus many other resources including the largest Canadian mortgage glossary, the most comprehensive mortgage calculator and the ability to display current Canadian mortgage rates on your website or desktop! We hope you enjoy your visit at CanEquity. The interest rates posted herein are updated daily. If you notice upon browsing that other mortgage sites differ, it is because their rates are not updated. Report lower rate Mortgage Services Mortgage Brokers are trained, independent professionals licensed to represent and provide you with the best consultation for your mortgage needs. Our advice is always free and we can save you money. CanEquity Mortgage is a national Canadian mortgage brokering company offering home loans to clients in all provinces and territories. We have access to over 75 major lending institutions across Canada. This gives us the ability to shop the mortgage market and offer you the best possible rates, service and mortgage options. We also specialize in mortgage renewals, debt consolidation and no money down home loans. Many of our mortgage services are absolutely free and may save you thousands of dollars on high interest charges and monthly payments. Finding you the right mortgage is what we do. Let us help build your dreams. Current Canadian Mortgage Rates (with last date of rate change) Mortgage Term Current * Rates (%) Previous Rates (%) Change (%)       Last Date of Change   Special Products Current * Rates (%) Variable 5.40 5.65 -0.25 Dec 4, 2007   Introductory 3.49 6 month 6.25 6.50 -0.25 Dec 20, 2007   No Down 5.85 1 year 5.55 5.60 -0.05 Dec 17, 2007   Low Doc 6.14 2 5.90 6.10 -0.20 Dec 20, 2007   95% ReFi 5.89 3 5.90 6.10 -0.20 Dec 20, 2007   4 5.95 5.85 0.10 Dec 20, 2007 5 5.89 5.85 0.04 Dec 19, 2007 7 6.05 6.25 -0.20 Dec 20, 2007 9 6.45 6.15 0.30 Dec 19, 2007 10 6.15 6.30 -0.15 Dec 20, 2007 15 6.95 6.75 0.20 Dec 19, 2007 18 6.95 6.75 0.20 Dec 19, 2007 25 6.05 6.85 -0.80 Dec 19, 2007 Note: Some mortgage rates may not be available in certain areas. Contact us at 1-888-818-4262 for details. CanEquity Mortgage Rates vs Conventional Rates Mortgage Term Our Rates * (%) Posted Rates ** (%) Difference (%) Savings Over Term 1 (Ours vs Posted Rates) Savings Per Year 1 (Ours vs Posted Rates) Variable 5.40 6.00 0.60 N/A N/A 6 month 6.25 6.85 0.60 $873.09 N/A 1 year 5.55 7.15 1.60 $4,658.41 $4,658.41 2 5.90 7.35 1.45 $8,434.17 $4,217.09 3 5.90 7.35 1.45 $12,641.53 $4,213.84 4 5.95 7.35 1.40 $16,255.32 $4,063.83 5 5.89 7.34 1.45 $21,006.98 $4,201.40 7 6.05 7.65 1.60 $32,337.24 $4,619.61 10 6.15 8.00 1.85 $52,936.98 $5,293.70 15 6.95 N/A N/A N/A N/A 18 6.95 N/A N/A N/A N/A 25   6.05 8.90 2.85 $160,211.56 $6,408.46 1 Calculation based on a $398,600.00 home (Median sale price for 2,200 sq. ft. residence 'Executive Detached Two-Storey' in a low-crime neighbourhood in Toronto) with a 25% down payment over a 25 year amortization using a monthly payment schedule. Actual Mortgage: $298,950.00. Source: Economic Research Institute, The Geographic Reference Report 2004 (6/2004). ** Posted RBC mortgage rates. We offer the lowest mortgages to all of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, North West Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, and Yukon. Find the best mortgages in Canada with CanEquity. Canadian Mortgage National Press Releases Barrie Transitional Housing Completes RenovationsBARRIE, Ontario, December 18, 2007 — Women and children recovering from abusive and violent relationships in Simcoe County are benefiting from the completion of several renovations to the Samaritan House Community Ministries (SHCM) Transition House. National Rental Vacancy Rate Unchanged from October 2006 at 2.6 per centOTTAWA, Ontario, December 13, 2007 — The average rental apartment vacancy rate in Canada's 34 major centres1 remained unchanged at 2.6 per cent in October 2007 compared to October 2006, according to the Rental Market Survey released today by Canada Mortgage and Housing Corporation (CMHC). Housing Starts Remain Stable in NovemberOTTAWA, Ontario, December 10, 2007 — The seasonally adjusted annual rate1 of housing starts was 227,900 units in November, essentially unchanged from 227,600 units in October, according to Canada Mortgage and Housing Corporation (CMHC). 28 New Affordable Apartments Open in BrantfordBRANTFORD, Ontario, December 07, 2007 — The Cordage Lofts, on Sherwood Drive, celebrated the official opening of 28 new affordable rental apartments for lower-income individuals in the Brantford area. * Mortgage interest rates are subject to change without notice at any time. E.&O.E., O.A.C. § Our mortgages are only available to Canadian residents or foreigners purchasing property located in Canada. Although every attempt is made to ensure the accuracy of our website, the above mortgage information should only be used as a guideline. CanEquity Mortgage always recommends that you consult a mortgage broker before making a decision. If you have questions or comments about our website, security practices or policies, please call our technical support line at 1-866-530-5541. For any mortgage related questions or to speak to one of our mortgage specialists, please call 1-888-818-4262.   Our phone directory FAQ (Top 20) Mortgage glossary Related acronyms Common abbreviations City dwelling statistics       FREE Consultation Contact one of our Canadian Mortgage Brokers for a FREE credit check and mortgage qualification report. We service all major cities in Canada including Toronto, Quebec & Montreal, Victoria & Vancouver, Calgary & Edmonton, Halifax, and St. John's. Save time, money and aggravation by letting us track down the lowest rates offered by Canadian mortgage lenders.   Call a Mortgage Broker 1-888-818-4262 We will provide you with advice and information on related services for your house purchase, such as legal services, recommended realtors, home inspectors and appraisers. There is no cost or obligation and our services will save you time and money.   OUR SERVICES | CANADIAN MORTGAGE CALCULATOR | MORTGAGE NEWS | ONLINE APPROVAL | CANADIAN MORTGAGE STATISTICS | CANADIAN HOME APPRAISERS | CANADIAN HOME INSPECTORS | COMPANY PROFILE | SEARCH | PROMOTIONAL MATERIAL | MORTGAGE LIBRARY | REAL ESTATE | CONTACT CANEQUITY | SITEMAP ©2001-2007 CanEquity Mortgage and CEG (Canada) Mortgages are registered to the Canadian Equity Group Inc. All trademarks and logos are the property of their respective owners. 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