Posted on: 03-07-09 09:22:10
Quote:Actually, the 5 year is quite a bit higher than what I have been hearing from other folks and seeing online.
Originally posted by Aashu
I gathered that their 3 yr rate is little higher than market but 5 yr is competitive...still not sure should we go for 1 yr fixed at 2.75 or 3 yr at 3.83 or 5 yr fixrd at 4.23 ? Any suggestions ? Thanks.
For example, earlier this week someone got 5 year fixed @ 3.65% from TD.
That was in London, ON.
I think with some shopping around, you might be able to get 5 year at 4% or less.
But if you have decided to stay with this particular bank, then go for the 5 year rate. The difference of 40 bps is not worth taking the 2 year rate risk.
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"Mah deah, there is much more money to be made in the destruction of civilization than in building it up."
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Quote:
Originally posted by pratickm
Quote:Actually, the 5 year is quite a bit higher than what I have been hearing from other folks and seeing online.
Originally posted by Aashu
I gathered that their 3 yr rate is little higher than market but 5 yr is competitive...still not sure should we go for 1 yr fixed at 2.75 or 3 yr at 3.83 or 5 yr fixrd at 4.23 ? Any suggestions ? Thanks.
For example, earlier this week someone got 5 year fixed @ 3.65% from TD.
That was in London, ON.
I think with some shopping around, you might be able to get 5 year at 4% or less.
But if you have decided to stay with this particular bank, then go for the 5 year rate. The difference of 40 bps is not worth taking the 2 year rate risk.
Two years fixed rate is 3.05% , Five years what have is good
