Mortgage Rates - 23 November 2018 (Toronto and GTA)

HIGH RATIO fixed term best discounted rates & posted rates as of November 23, 2018

Terms                           Posted Rates                 Preferred Rates

6 mos                          3.34%                          3.10%

1 year                          3.59%                          3.19%

2 year                          3.74%                          3.19%

3 year                          3.89%                          3.39%

4 year                          3.94%                          3.64%

5 year                          5.59%                          3.59%

7 years                         5.80%                          3.74%

10 years                       6.10%                          4.04%

HIGH RATIO variable rate mortgage best discounted is at prime minus 1.10% (currently at 2.85

% as prime is at 3.95%)