Monday Mortgage Minute June 14th- Interest Rates

June 14, 2010

World Cup fever is on in Toronto and mortgage interest rates are remaining low and stable. While a variable rate mortgage may not fit everyone’s needs it remains a good option in today’s market. Give me a call to discuss whether it is right for you?
Chris Molder – Son Of A Broker 416.461.0204
2.80% – 1 Year Fixed
3.75% – 3 Year Fixed
4.25% – 5 Year Fixed

3.13% – Merix 50/50 Mortgage (Fixed/Variable hybrid)
P-.65   3 Year Variable
P-.60   5 Year Variable
Prime Rate is currently 2.50%.

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.