Best variable rate has been announced! For a limited time, Welbanks Mortgage Group is offering a 3 year variable rate mortgage at 2.38% (prime less .62%). This is the lowest rate being offered on the street! There are certain conditions that apply so please make sure you contact our office to take advantage of the best variable rate on the market.
Some may question why a 3 year versus the 5 year. And that’s a really good question. For that answer, you’ll have to wait for a separate blog post but I would 100% recommend the 3 year variable rate in most circumstances. Why pay more to the bank if you don’t need to?