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Old 2006-11-08, 04:33 PM
GreyingJay GreyingJay is offline
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Regular User
Join Date: Oct 2006
Location: Kanata
Posts: 1,721

Are you talking about guaranteed mortgage rates?

Just talk to your bank, they should be able to help you out. At the end of this 120-day period you can re-apply.

I close in May, which is only one extra 120-day period, so I was told to call back in February or so (120 days from now) to confirm the final rate. I will get the prevailing rate or 5.15% (5 year fixed) whichever is lower by then. I was told rates should be dropping, though.
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