Tag: Mortgage Interest 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 9, 2010

Monday Mortgage Minute for August 9th, 2010

Mortgage interest rates are back down. Way down. I am back from my road trip out West and ready for action. Picking up sound bites from different headlines in the news it looks like the complexion of ...

June 21, 2010

Monday Mortgage Minute- Toronto June 21st

It looks like the fixed mortgage rate market has stabilized after the bank of Canada’s  decision to increase the prime rate earlier this month. While rates aren’t as low as earlier this ...

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