Thursday, March 05, 2009

Mortgage interest rates for longer terms are falling slightly

You will see the current posted and best mortgage rates available in the GTA in the table below.

Longer term rates are falling, this is good news for anyone thinking of buying in the next few months!

I hope this finds you Happy and Healthy!

All the Best!

Mark

TERMPOSTED Best RATES*
6 Month 5.2%5%
1 Year5%3.89%
2 Year5.75%4.34%
3 Year5.75%4%
4 Year5.69%4.19%
5 Year5.79%4.22%
7 Year7%5.9%
10 Year7.35%6.05%
Variable Rate3.75%
Prime Rate3%

* Rates are subject to change without notice.

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate


Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS Newsletter
RE/MAX Realty Specialists Inc.
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