Browsing Archive: November, 2011

Our current Interest rates

Posted by Royalton MFS on Tuesday, November 29, 2011, In : Rates 
Effective  as of December 6,2011,  9:00 am

Fixed rate Programs

Variable Rate

Term

Interest rate %

Interest rate %

1 year

2.89

2 year

2.49

3 year

3.19

4 year

3.29

5 year

3.39

Prime – 0.2 %

5year (Quick Close -45 day hold)

3.29


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The Power of a 2nd Mortgage

Posted by Royalton MFS on Thursday, November 17, 2011, In : 2nd Mortgage 
Many people often tap into their home equity with a HELOC, home equity loan, or other kind of 2nd mortgage in order to make improvements on their home. In fact yesterday, as mentioned in a Globe and Mail report, it was found that a total of 33% homeowners use their 2nd mortgage to make improvements to their home. But, what are the best improvements to make? Renovating the kitchen or upgrading the bathroom are two of the projects that homeowners think of first. But, there's another home reno t...
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