Friday, August 17, 2007

Recent mortgage interest rates

Current mortgage interest rates in the GTA

This is a table showing the current posted mortage interest rates in the GTA and the rates available from mortgage brokers.

6 Month 6.65%6.25%
1 Year7.15%5.6%
2 Year7.3%5.65%
3 Year7.3%5.7%
4 Year7.3%5.84%
5 Year7.24%5.79%
7 Year7.55%6%
10 Year7.9%6.15%
Variable Rate3.05%
Prime Rate6.25%

If you are interested in obtaining good rates, please send me an email and I will put you in touch with these mortgage brokers.

See graph of recent mortgage interest rates

Toronto Real Estate Board (TREB) Average Prices and Graph

For more information please contact A. Mark Argentino

A. Mark Argentino, Broker, P.Eng.,
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc., Brokerage
2691 Credit Valley Road, Suite 101, Mississauga, Ontario L5M 7A1

BUS. 905-828-3434
FAX. 905-828-2829

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