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May-3-2011

Mortgage Rates May 2011 GTA

Here is a list of rate you can expect from most mortgage brokers in the greater Toronto area

Terms Bank Rates Our Rates
6 Month 4.45% 4.40%
1 YEAR 3.70% 2.64%
2 YEARS 4.05% 3.40%
3 YEARS 4.55% 3.62%
4 YEARS 5.19% 3.79%
5 YEARS 5.69% 4.09%
7 YEARS 6.49% 4.79%
10 YEARS 6.85% 4.99%

Rates are subject to change without notice. *OAC E&OE

Prime Rate is 3.00%

Variable rate mortgages from as low as Prime – .75%

Posted under Buyer, First Time Buyers, News

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