Tag: Current Rates

October 19, 2010

Bank of Canada – Prime Remains at 3%

This morning the Bank of Canada announced that it is not making any changes to the prime rate. This comes after 3 previous increases during the summer. The bank expects the economic recovery to be ...

September 27, 2010

Monday Mortgage Review Sept 27th 2010

Officially these are the lowest fixed rate mortgages my father ever remembers being able to offer over the course of his 34 year long career. They may be lowest I’ll ever be able to offer as ...

September 13, 2010

Toronto Monday Mortgage Rate Review

2.70% – 1 Year Fixed 2.90% – 3 Year Fixed 3.69% – 5 Year Fixed (quick close Oct 30th) 2.87% – Merix 50/50 Mortgage (Fixed/Variable hybrid) P-.70   3 Year Variable (2.30%) P-.7o   5 Year ...

September 8, 2010

Bank of Canada Rises Prime Rate -september 8th 2010

Today the Bank of Canada announced that it is raising the prime rate by one-quarter of a percent for the third time in a row. The bank has observed that economic recovery is continuing to move ...

August 30, 2010

Monday Mortgage Review for August 30th 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 ...

August 23, 2010

Monday Interest Rate Review August 23rd 2010

Mortgage interest rates continue to stay low as weak numbers indicate that we are still far from full economic recovery. Rates are always changing and it’s hard for a borrower to explore and ...

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