Here’s what you need to know about today’s mortgage rates:
2.80% – 1 Year Fixed
2.90% – 3 Year Fixed
3.49% – 5 Year Fixed (quick close Dec 31sh)
3.54% – 5 Year Fixed (120 day ratehold)
3.09% – Merix 50/50 Mortgage (Fixed/Variable hybrid)
P-.70 3 Year Variable (2.30%)
P-.75 5 Year Variable (2.25%)
Prime Rate is currently 3.00%.
Bank of Canada Qualifying rate 5.29%.
NOTE: Rates are subject to change without warning at the lender’s discretion.
If you would like to discuss your mortgage options, get in contact with me here or book a call directly into my calendar below.
