Toronto Mortgage Interest Rates as of Monday November the 16th.
1 year fixed – 2.75%
3 year fixed – 3.59%
5 year fixed – 4.19%
3 year variable – Prime-.10% (2.15% effective rate)
5 year variable – Prime-.10% (2.15% effective rate)
RATE SPECIALS
5 year fixed – 4.05% (closings before Dec 31st 2009)
5 year fixed – 3.99% (Credit union membership required)
3 year variable Prime-.25% (2.00% effective rate closing in 30 days)
DISCLAIMER: All rates are subject to change at any time without notice.