Monday Mortgage Minute- January 25th 2010

January 25, 2010

There haven’t been any further significant changes to Toronto Mortgage Interest Rates over the past 7 days. Rates remain unchanged from last week… if you would like to explore if you qualify for our rate specials or are looking for a specific product, please don’t hesitate to contact me.
Chris Molder – Son Of A Broker
1 year fixed – 2.65%
3 year fixed – 3.50%

5 year fixed – 3.89%
3 year variable – Prime-.10% (2.15% effective rate)
5 year variable – Prime-.25% (2.00% effective rate)
5 year fixed – 3.75% (must close by Feb 23rd 2010, purchase & refinance only)

3 year variable Prime-.30% (1.95% effective rate closing in 30 days, purchases & refinance only)
NOTE: Rates are subject to change without warning at the lender’s discretion.


Christopher Molder

Mortgage Broker

Christopher is a mortgage broker based in Toronto, Canada. And a son of a broker too. He’s a second generation mortgage broker. Following in his father’s steps he joined the family mortgage business straight out of university.