Mortgage Rates - 17 June 2020 (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% 2.29%
Fixed 2 Year 3.74% 2.29%
Fixed 3 Year 3.89% 2.19%
Fixed 4 Year 3.94% 2.29%
Fixed 5 Year 5.19% 2.29%
Fixed 7 Year 5.80% 3.14%
Fixed 10 Year 6.10% 3.24%
Variable Rate 1.98%
Prime Rate 2.45%
Benchmark Rate 4.94%
Cost per $1000 $4.38
* Cost per $1000 based on 5yr fixed term rate compounded semi-annually.

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