Registered: 1486366023 Posts: 1
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Hi all, I’m currently living in a rented condo. It’s been about 1 year that we have been planning to buy a condo, but couldn’t buy because of lack of funds. We have seen a condo and it is a good one. We thought of taking up a mortgage so that it would be easier for us in buying. We searched online for best mortgage brokers who can help us to find a good mortgage lender and happened to find http://www.canadamortgagedirect.com/ . I don’t know how much we need to pay every month and how much the mortgage rates will be? Need to know more about mortgage rates.
Registered: 1404120677 Posts: 2,201
Reply with quote #2
In the UK mortage rates are about 2% to 3%, and the initial deposit for a first time purchase is 5% of the house price. Hope this helps
Registered: 1429027827 Posts: 533