Sunday, November 29, 2009

Mortgage Interest Rates in the GTA

These are the posted and obtainable mortgage interest rates in the GTA and

Mortgage Current Rates
Term Posted Rate Best Rate
6 month 4.60% 4.60%
1 year 3.75% 2.50%
2 year 4.05% 2.95%
3 year 4.65% 3.35%
4 year 5.14% 3.89%
5 year 5.85% 3.99%
7 year 6.80% 5.09%
10 year 6.90% 5.19%
Variable Rate 2.10%
Prime Rate 2.25%

Please note that rates are subject to changes, and that some conditions and
restrictions may apply. Please contact a mortgage representative today to
find out what kind of mortgage you can qualify for.

A mortgage-rate update

Some of the mortgage special rates available in the market are:

* 95% Financing available for purchases and refinances, at 2.10%

* Special Variable Rate Mortgage at Prime-.15% (2.10%)

* Line of credit with a fixed mortgage

Please let me know if you would like more details or if you would like me to
send you mortgage broker contact information, please send me an email.

Thank you,

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