Next week the Bank of Canada will issue their latest on the prime rate and half the experts feel they will reduce the rate another .25% to .25% Only time will tell if this happens.
| TERM | POSTED | Achievable RATES* |
| 6 Month | 4.90% | 4.25% |
| 1 Year | 4.20% | 3.20% |
| 2 Year | 4.70% | 3.69% |
| 3 Year | 4.90% | 3.64% |
| 4 Year | 5.14% | 3.90% |
| 5 Year | 5.45% | 3.82% |
| 7 Year | 6.70% | 4.95% |
| 10 Year | 6.70% | 5.25% |
| Variable Rate | 3.25% | |
| Prime Rate | 2.50% | |
Rates Last Updated: Thursday, April 16, 2009
Read more about:
- Interest Rates
- Power of Sale Properties
- Price Trends
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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
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