Monday, May 09, 2011

Mortgage interest rates in the GTA

The table below shows you the current posted mortgage interest rates by most
banks and the rate that is obtainable from one lender I deal with.
If you want more information on rates, please let me know
Thanks
Mark








































































































ermsPosted
Rates
Obtainable Rates
6 MONTHS4.45%4.45%
1 YEAR3.70%2.64%
2 YEARS4.05%3.40%
3 YEARS4.55%3.52%
4 YEARS5.19%3.79%
5 YEARS5.69%4.19%
7 YEARS6.49%4.79%
10 YEARS6.85%4.99%
Rates are subject to
change without notice. *OAC E&OE


Other
Rates:






















CURRENT PRIME RATE IS3.00%

































PRODUCTRATE
Variable Rate Mortgage: Prime - 0.752.25%







Terms Posted Rates Obtainable Rates
6 MONTHS 4.45% 4.45%
1 YEAR 3.70% 2.64%
2 YEARS 4.05% 3.40%
3 YEARS 4.55% 3.52%
4 YEARS 5.19% 3.79%
5 YEARS 5.69% 4.19%
7 YEARS 6.49% 4.79%
10 YEARS 6.85% 4.99%
Rates are subject to change without notice. *OAC E&OE




Other Rates:




CURRENT PRIME RATE IS 3.00%



PRODUCT RATE
Variable Rate Mortgage: Prime - 0.75 2.25%



Lower rates may be available in certain regions, or to those with higher
credit scores or higher net worth - be sure to check with your mortgage
broker for full details.



I hope this finds you Happy and Healthy!



All the Best!



Mark



A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate
RE/MAX Realty Specialists Inc.
Providing Full-Time Professional Real Estate Services since 1987
BUS 905-828-3434
FAX 905-828-2829 CELL 416-520-1577
mark@mississauga4sale.com
Mississauga4Sale.com



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