Toronto Mortgage Interest Rates as of Monday November the 16th.
1 year fixed – 2.75%
3 year fixed – 3.59%
5 year fixed – 4.19%
3 year variable – Prime-.10% (2.15% effective rate)
5 year variable – Prime-.10% (2.15% effective rate)
RATE SPECIALS
5 year fixed – 4.05% (closings before Dec 31st 2009)
5 year fixed – 3.99% (Credit union membership required)
3 year [...]

Everyday consumers are confronted with the choice of whether to use their local bank or a mortgage broker for their financing needs. It isn’t always clear what the benefits of using a mortgage broker like myself are, so below I have summarized what in my opinion are the top 10 reasons to use a mortgage [...]

When you think of Canadian mortgage lenders most people probably can only come up with the “big 5″ banks that we are all familiar with. Very few people realize that there is a whole range of home grown competitive and progressive mortgage lenders available to them. The market is larger than you think and you [...]