Monday Mortgage Review for August 30th 2010

August 30, 2010

2.70% – 1 Year Fixed
2.90% – 3 Year Fixed
3.69% – 5 Year Fixed (quick close Sept 30th)

2.87% – Merix 50/50 Mortgage (Fixed/Variable hybrid)
P-.70   3 Year Variable
P-.65   5 Year Variable
Prime Rate is currently 2.75%.
Bank of Canada Qualifying rate has dropped to 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.