Mortgage Rates - 3 December 2019 (Toronto and GTA)

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

HIGH RATIO fixed term best discounted rates & posted rates as of December 3, 2019

 

Terms                           Posted Rates               Preferred Rates

6 mos                           3.34%                          3.30%

1 year                          3.59%                          2.69%

2 year                          3.74%                          2.69%

3 year                          3.89%                          2.69%

4 year                          3.94%                          2.69%

5 year                          5.59%                          2.69%

7 years                         5.80%                          2.89%

10 years                       6.10%                          3.04%

 

HIGH RATIO variable rate mortgage best discounted is at prime minus 1.05% (currently at 2.90

% as prime is at 3.95%)

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