Due to increased bond activity over the past couple of weeks, again lenders have increased their fixed mortgage rates. The following are the current rate offerings:
2.75% – 1 Year Fixed
3.19% – 3 Year Fixed
3.84% – 5 Year Fixed (120 day ratehold)
P-.70 3 Year Variable (2.30%)
P-.70 5 Year Variable (2.30%)
Prime Rate is currently 3.00%.
Bank of Canada Qualifying rate 5.19%
NOTE: Rates are subject to change without warning at the lender’s discretion.
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