December 21, 2009
Monday Mortgage Minute – Dec 21st, 2009
Toronto Mortgage interest rates for the week of December 21st. Interesting to note that during a week that is traditionally calm in the markets there was another rise to the 5 year bond yield. I’ll keep an eye on further developments during the week to see how fixed rates will be effected.
1 year fixed – 2.60%
3 year fixed – 3.29% (must close before March 31st 2010)
5 year fixed – 3.99%
3 year variable – Prime-.10% (2.15% effective rate)
5 year variable – Prime-.10% (2.15% effective rate)
RATE SPECIALS
5 year fixed – 3.89%
3 year variable Prime-.25% (2.00% effective rate closing in 30 days, purchases & refinance only)
To get in touch with me send me an e-mail or call 416.461.0204 ext 2.
Christopher Molder – Son of A Broker
Licensed by the Financial Services Commission of Ontario under Lic#M08010066
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