Butterfield Bank (Cayman) Limited is extending its special fixed interest rate option for mortgages until 30 September.
With this promotion Butterfield mortgage customers can now choose between a floating interest rate, presently in the region of 9-10 per cent, a three-year fixed rate of 8.75 per cent or a five-year fixed rate of 9 per cent per annum.
‘One of our customers’ main concerns surrounding home ownership is planning for future costs so this promotion was well-received by them. Therefore, to allow the fullest possible opportunity for borrowers to avail themselves of this opportunity, we are happy to extend the offer for another month, continuing to make it available to existing and new customers,’ said Maureen Watler, Butterfield’s head of Personal Lending.
For more information about Butterfield Bank’s mortgage products, including the new Fixed-Rate offering, email [email protected] or call 949-7055.