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Vancouver Mortgage Broker Comments on RBC New 25 Year Term

Posted by 118
Created: 23 April 2013
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Dreyer Group Mortgages President Jared Dreyer comments on the 25 year term being offered by RBC at 8.75 per cent. "A normal 25 year term at a 8.75% rate, you have a payment of $2,700. Roughly $2,300 of that is going directly to interest costs" he explains.

Read the article at News 1130