MPowered Mortgages, a leading mortgage lender in Canada, recently announced that it is reducing its 2- and 5-year fixed rate products by up to 31 basis points. This move is part of MPowered Mortgages’ commitment to providing competitive rates and products to its customers.
The reduction in the 2- and 5-year fixed rate products is a significant one, as it will result in lower monthly payments for customers who choose these products. This reduction is especially beneficial for those who are looking to purchase a home or refinance their current mortgage. With the lower rates, customers can save money on their monthly mortgage payments, allowing them to pay off their mortgage faster or free up more money for other expenses.
In addition to the reduced rates, MPowered Mortgages also offers a range of other benefits to its customers. These include flexible payment options, pre-approval services, and access to a variety of different lenders. This allows customers to find the best rate and product for their individual needs.
MPowered Mortgages is committed to providing its customers with competitive rates and products. The recent reduction in 2- and 5-year fixed rate products is just one example of this commitment. By offering lower rates, MPowered Mortgages is helping its customers save money on their mortgages and make the most of their home ownership experience.