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Mortgage Rates ~ 17 January 2011

By Brian Madigan

Commercial Real Estate Agent with RE/MAX West Realty Inc., Brokerage (Toronto)

January 18, 2011 12:03 PM

Terms	Bank Rates	Preferred Rates
6 Month	4.45%	3.95%
1 YEAR	3.35%	2.54%
2 YEARS	3.60%	3.15%
3 YEARS	4.15%	3.39%
4 YEARS	4.94%	3.79%
5 YEARS	5.19%	3.69%
7 YEARS	6.09%	4.75%
10 YEARS	6.40%	5.15%
Rates are subject to change without notice. *OAC E&OE

Prime Rate is 3.00%

Variable rate mortgages from as low as Prime - .70%

If you require a referral to a mortgage broker, please call me at 905-796-8888.

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Jenny Kotulak

RE/MAX Real Estate Centre Inc., Brokerage - Oakville, ON

Broker - Oakville Ontario Real Estate

Hi Brian, I'm glad we locked in a couple months ago at 3.39% for 5 years. When our last mortgage ended at 4.44% I thought that would be the lowest we'd ever see it.

Jan 19, 2011 02:43 PM