Monday Mortgage Rate Review Minute

October 19, 2010

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.


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.