Current Ontario Canada Mortage Interest Rates
- 25.04.2008
(No Ratings Yet)
Loading ...
The table below shows current posted and possible mortgage interest rates in Ontario. You will note that most lenders are offering .5% off the Bank Prime Rate for Variable Rate mortgages.
The rate drop game continues. Although the prime rate has dropped about 1.5% over the past 6 to 8 months, the 1-10 year mortgage rates have barely budged, maybe about .3% The best rates are the variable these days.
| TERM | POSTED | OUR RATES* |
| 6 Month | 6.40% | 6.40% |
| 1 Year | 6.95% | 4.90% |
| 2 Year | 7.00% | 5.14% |
| 3 Year | 7.00% | 5.05% |
| 4 Year | 6.85% | 5.44% |
| 5 Year | 6.99% | 5.34% |
| 7 Year | 7.40% | 6.00% |
| 10 Year | 7.75% | 6.25% |
| Variable Rate | 4.15% | |
| Prime Rate | 4.75% | |
Read more about:
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 Providing Full-Time Professional Real Estate Services since 1987
* Rates may vary provincially and are subject to change without notice.
Rates Last Updated: Thursday, April 24, 2008
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.
( BUS 905-828-3434
Ҽmark@mississauga4sale.com
8 Website : Mississauga4Sale.com
- Thinking of selling in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
- On-Line Real Estate Newsletter sign up
- See seasonal housing patterns
