Robert McLister·Mortgage Rate TrendsNew Mortgage Products·November 16, 2009Prime – 0.25% Merix has just raised the bar (or lowered it, as the case may be). They’ve just announced a prime – 0.25% variable-rate offer on a 3-year variable. It’s the lowest nationally-advertised variable rate in over a year. The details: Must close within 30 days Purchases and refinances only No pre-approvals or switches Owner occupied single family dwellings only Minimum Beacon Score: 680 Minimum Amortization: 10 years Minimum Mortgage Amount: $100,000 Speak with any Merix-approved mortgage planner for complete rules and conditions… Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.