Mortgage Rates ~ 5 May 2015 (Toronto and GTA)

Fixed term best discounted Invis rates & posted rates as of May 5, 2015

6 mos                                 3.10%         3.14%

1yr                                     2.29%          2.89%

2yr                                     2.19%          2.84%

3yr                                     2.34%          3.39%

4yr                                     2.54%          3.89%

5yr                                     2.64%          4.74%

7yr                                     3.39%          5.30%

10yr                                   3.84%          6.10%

Prime rate is at 2.85%, 5 yr variable at 2.20% (prime minus .65%)

Give me a call if you would like a treferral to a mortgage broker.