Got a message from a mortgage specialist of Scotia Bank.
Scotia bank has reduced rates this morning. The 2 years, 3 years, 4 years and 5 years fixed rates have dropped. The 5 year rate is near its all time low. The rate is very attractive based on history average. If you are thinking to purchase a home in the next few months, it is good time to get preapproved and have it locked in. If you own a home, you may think to renew or refinance.
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