Dreyer Group Mortgages Inc.
Our 5-year fixed is now sitting at 2.89 %!!
To give you a historical account of rates and payments:
In March of 1993 the 5-year fixed mortgage rate was 8.97%
Your monthly payment for a $400,000 mortgage with a 25-year amortization would have been
Fast-forward today, 20 years later, that same $400,000 mortgage with a 25-year amortization has a
monthly mortgage payment of $1870.48
What a difference of $1433.55 per month!!
Contact Lynn McLellan, BA