Friday, May 08, 2009

Mortage Interest rate update for GTA

You can take advantage of today's historically low interest rates.
There's no better time to consider purchasing your first home, renewing your mortgage, or planning that home renovation you've been thinking of.
I wish you all the best and have a great Mother's Day weekend!
6 Month 4.75%4.25%
1 Year3.9%2.9%
2 Year4.05%3.05%
3 Year4.15%3.15%
4 Year4.84%3.79%
5 Year5.25%3.59%
7 Year6.6%4.95%
10 Year6.7%5.25%
Variable Rate3%
Prime Rate2.25%
* Rates may vary and are subject to change without notice.
Rates Last Updated: Thursday, May 07, 2009

I hope this finds you Happy and Healthy!

All the Best!


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.
Providing Full-Time Professional Real Estate Services since 1987

BUS 905-828-3434
FAX 905-828-2829 ÈCELL 416-520-1577
Website :

1 comment:

  1. Nice data. Yes with the decreased mortgage rates now, the buyer has lots of choices. What I believe is that the buyer is not on a buying spree but he is on a hunting spree. He is not realizing the importance of low rates, all he is concerned with is trying to buy a 500K home for 300K. He is wasting time and when the rates start going up, he will buy the same house for 530K. Wow!!!