Mortgage Rates - 21 May 2020 (Toronto and GTA)

By
Commercial Real Estate Agent with RE/MAX West Realty Inc., Brokerage (Toronto)
Term Posted Rate Preferred Rates
1yr 3.59% 3.19%
2yr 3.74% 2.84%
3yr 3.89% 2.29%
4yr 3.94% 2.69%
5yr 5.19% 2.49%
7yr 5.8% 3.24%
10yr 6.1% 3.24%

Comments (3)

Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

The rest of 2020 will have the greatest mortgage rates we’ve ever seen !

May 21, 2020 06:34 AM
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Thank you for keeping us posted and up to date. Best of luck!

May 21, 2020 07:14 AM
Brian Madigan
RE/MAX West Realty Inc., Brokerage (Toronto) - Toronto, ON
LL.B., Broker

We have also had a tighter provision imposed about qualifications.

 

May 22, 2020 07:30 AM