Mortgage Rates - 30 March 2020 (Toronto and GTA)

HIGH RATIO fixed term best discounted rates & posted rates as of March 30, 2020

Terms                        Posted Rates                 Preferred Rates

6 mos                          3.34%                          3.30%

1 year                          3.59%                          3.19%

2 year                          3.74%                          3.09%

3 year                          3.89%                          2.49%

4 year                          3.94%                          2.99%

5 year                          5.34%                          2.84%

7 years                         5.80%                          3.24%

10 years                       6.10%                          3.24%

HIGH RATIO variable rate mortgage best discounted is at prime minus .20% (currently at 2.25% as prime is at 2.45%)