Thursday, April 16, 2009

Latest GTA mortgage interest rates

This table below will show you the latest posted and achievable mortgage interest rates.

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.

6 Month 4.90%4.25%
1 Year4.20%3.20%
2 Year4.70%3.69%
3 Year4.90%3.64%
4 Year5.14%3.90%
5 Year5.45%3.82%
7 Year6.70%4.95%
10 Year6.70%5.25%
Variable Rate3.25%
Prime Rate2.50%
* Rates may vary and are subject to change without notice OAC.
Rates Last Updated: Thursday, April 16, 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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