Here’s what you need to know about today’s mortgage rates in Toronto:
2.70% – 1 Year Fixed
2.90% – 3 Year Fixed
3.49% – 5 Year Fixed (quick close Nov 30th)
3.09% – Merix 50/50 Mortgage (Fixed/Variable hybrid)
P-.65 3 Year Variable (2.35%)
P-.75 5 Year Variable (2.25%)
Prime Rate is currently 3.00%.
Bank of Canada Qualifying rate 5.39%.
NOTE: Rates are subject to change without warning at the lender’s discretion.
