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Mortgage Rates ~ 20 November 2012

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

if you require a referral to a mortgage broker, then please call me at 416-745-2300

Terms Posted Rates Preferred Rates
6 MONTHS 4.45% 3.95%
1 YEAR 3.20% 2.65%
2 YEARS 3.55% 2.69%
3 YEARS 3.95% 2.75%
4 YEARS 4.64% 3.09%
5 YEARS 5.34% 2.99%
7 YEARS 6.35% 3.69%
10 YEARS 6.75% 3.89%
Rates are subject to change without notice. OAC E&OE



CURRENT PRIME RATE IS 3.00%


PRODUCT RATE
5 YEAR VARIABLE: 2.90%
Edward & Celia Maddox
The Celtic Connection Realty - Queen Creek, AZ
EXPERIENCE & INTEGRITY - WE TAKE THE HIGH ROAD

Still some very attractive mortgages to purchase that property with.

Nov 19, 2012 10:39 PM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

Edward and Celia,

Yes, we certainly have been fortunate over the last little while. These are the best rates in 50 years.

Brian

Nov 19, 2012 10:42 PM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

John,

 

I think it's too soon to appreciate the true impact. The market was going into a slow period when the brought in the changes. However, everyone quick to judge have already said that it had a significant impact.

But, you are right, I should write about this.

Brian

Nov 20, 2012 08:51 PM