Mortgage Interest Rate Snapshot Mississauga and GTA
- 13.05.2008
(No Ratings Yet)
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Below is a table showing the current posted mortgage interest rates in the GTA plus “Best Rates” offered by some lenders. Rates are excellent again, not at historic lows, but close, see graph of historic mortgage interest rates
| Term | Posted Rates |
Best Rates* |
| 6 Month | 7.00% | 4.99% |
| 1 Year | 6.95% | 4.74% |
| 2 Year | 7.00% | 4.79% |
| 3 Year | 7.00% | 4.89% |
| 4 Year | 6.85% | 5.14% |
| 5 Year | 7.00% | 5.15% |
| 7 Year | 7.35% | 5.29% |
| 10 Year | 7.75% | 5.79% |
| Variable Rate | 4.15% | |
| Prime Rate | 4.75% | |
Rates are subject to change, some conditions & restrictions may apply.
Enjoy,
Mark
