Mortgage Rates - 11 January 2017 (Toronto and GTA)

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

Fixed term best discounted rates & posted rates as of January 11, 2017

 

6 mos                                 3.10%         3.14%

1yr                                     2.29%          3.04%

2yr                                     2.14%          2.84%

3yr                                     2.34%          3.44%

4yr                                     2.49%          3.89%

5yr                                     2.69%          4.64%

7yr                                     3.09%          5.30%

10yr                                   3.69%          6.10%

 

Prime rate is at 2.70%, 5 yr variable at 2.30% (prime minus .40%)

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