Friday, January 09, 2009

Mortgage Interest Rate Update

Mortgage rates seem to be holding at about the same across the board over the past week or so.
It appears that there may be another Prime Rate drop on January 20th.T
here has been no change in Fixed Rates..but we may see some drop over in the next 3 weeks or so .
I wish you all the best!
6 Month 5.9%5.9%
1 Year5.6%4%
2 Year6.25%4.94%
3 Year6.25%4.84%
4 Year6.09%4.79%
5 Year6.75%4.72%
7 Year7.2%5.8%
10 Year7.55%5.95%
Variable Rate4.1%
Prime Rate3.5%
Rates Last Updated: Thursday, January 08, 2009

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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
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