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Mortgage Rates - 27 October 2015 (Toronto and GTA)

By
Commercial Real Estate Agent with RE/MAX West Realty Inc., Brokerage (Toronto)
TERM POSTED Preferred RATES*
6 month 3.1% 3.1%
1 year 2.89% 2.29%
2 year 2.84% 2.19%
3 year 3.39% 2.25%
4 year 3.89% 2.54%
5 year 4.64% 2.49%
7 year 5.3% 3.44%
10 year 6.75% 3.84%
Variable 1.95%
Prime 2.7%
BenchMark 4.64%
Cost per $1,000 $4.47
* Cost per $1000 based on 5yr fixed term rate compounded semi-annually. 
* Rates may vary provincially and are subject to change without notice OAC.

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