Monday Mortgage Minute

November 16, 2009

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.

Profile

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.