Mortgage Interest Rate Review February 17 2011

February 17, 2011

Mortgage interest rates are up since my last Toronto mortgage interest rate review. Although rates are up about .25% I think we will see lenders begin to lower rates again to gain market share now that we are approaching RRSP season. Whether you are refinancing or renewing your current mortgage or a first time home buyer trying to demystify mortgages I can help. Get me to work for you to get the best mortgage, with the best lenders, with the most competitive rates. Get approved today.

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1 Year Fixed – 2.77%
3 Year Fixed – 3.35%
5 Year Fixed – 3.99%
3 Year Variable P-.80 (2.20%)
5 Year Variable P-75 (2.25%)

Prime Rate is currently 3.00%.
Bank of Canada Qualifying rate 5.44%
Rates are subject to change at the lenders 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.