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November 16, 2009

Monday Mortgage Minute

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 variable Prime-.25% (2.00% effective rate closing in 30 days)

DISCLAIMER: All rates are subject to change at any time without notice.

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