The Bank of Canada is meeting at the end of this month and it's likely that they will drop the prime rate again, mostly likely by .25% Most feel this may be the final cut in the prime rate.
I hope this finds you happy and healthy,
Mark
TERM | POSTED | "Best" RATES* |
| 6 Month | 5.90% | 5.90% |
| 1 Year | 5.60% | 4.00% |
| 2 Year | 6.25% | 4.94% |
| 3 Year | 6.25% | 4.75% |
| 4 Year | 6.09% | 4.69% |
| 5 Year | 6.75% | 4.79% |
| 7 Year | 7.20% | 6.10% |
| 10 Year | 7.55% | 6.25% |
| Variable Rate | 4.10% | |
| Prime Rate | 3.50% | |
Rates Last Updated: Thursday, January 15, 2009
Read more about:
- Interest Rates
- Power of Sale Properties
- Price Trends
- or Search the MLS and more at my website
Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,
Mark
A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com
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