Mortgage Rates - 22 November 2016 (Toronto and GTA)

By
Commercial Real Estate Agent with RE/MAX West Realty Inc., Brokerage (Toronto)
TERM POSTED PreferredRATES*
Open 1 Year 6.30% 6.30%
Fixed 1 Year 2.89% 2.29%
Fixed 2 Year 2.84% 2.14%
Fixed 3 Year 3.39% 2.20%
Fixed 4 Year 3.89% 2.44%
Fixed 5 Year 4.64% 2.39%
Fixed 7 Year 5.30% 3.44%
Fixed 10 Year 6.10% 3.84%
Variable Rate 2.20%
Prime Rate 2.70%
Benchmark Rate 4.64%
Cost per $1000 $4.43
* Cost per $1000 based on 5yr fixed term rate compounded semi-annually.
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