Mortgage Rates - 4 March 2017 (Toronto and GTA)

Fixed term best discounted rates & posted rates as of March 4, 2017

6 mos                                 3.10%         3.14%

1yr                                     2.44%          3.04%

2yr                                     2.14%          2.84%

3yr                                     2.34%          3.44%

4yr                                     2.59%          3.89%

5yr                                     2.69%          4.64%

7yr                                     3.24%          5.30%

10yr                                   3.79%          6.10%

Prime rate is at 2.70%, 5 yr variable at 2.20% (prime minus .50%)