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Mortgage Rates - 20 May 2019 (Toronto and GTA)

By
Commercial Real Estate Agent with RE/MAX West Realty Inc., Brokerage (Toronto)
TERM POSTED Preferred RATES*
Open 1 Year 6.30% 6.30%
Fixed 1 Year 3.59% 3.19%
Fixed 2 Year 3.74% 3.14%
Fixed 3 Year 3.89% 2.96%
Fixed 4 Year 3.94% 3.14%
Fixed 5 Year 5.34% 2.99%
Fixed 7 Year 5.80% 3.49%
Fixed 10 Year 6.10% 3.44%
Variable Rate 2.90%
Prime Rate 3.95%
Benchmark Rate 5.34%
Cost per $1000 $4.73
* Cost per $1000 based on 5yr fixed term rate compounded semi-annually.
Roy Kelley
Retired - Gaithersburg, MD

Thanks for your update.

Smart consumers are anxious to take advantage of the very attractive mortgage interest rates.

May 20, 2019 07:30 AM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

They are about the best that they have been in 5 decades

May 20, 2019 08:31 AM