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.
[youtube width=”500″ height=”344″]http://www.youtube.com/watch?v=5QQRo9qXF3M
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.