Tridac Mortgages

Private mortgages are a special and very interesting type of mortgage option that most people are not too familiar with. The most basic definition of a private mortgage is a mortgage contract in which the lender is not a registered financial institution but may be a friend, family member or individual investor.

Because banks and other financial institutions have strict guidelines for lending ...

Your Toronto mortgage interest rates for the week of March 22, 2010. 

1 year fixed – 2.55%

3 year fixed – 3.35%

5 year fixed – 3.79%

SPECIAL * 5 year fixed – 3.69% (must close by April 26th 2010, purchase & refinance only)

3 year variable – Prime-.50% (1.75% effective rate)

5 year variable – Prime-.40% (1.85% effective rate)

Note: Rates are subject to change without warning at the lender’s d ...

Merix Financial is leading the way with their 3 year variable rate mortgage. Borrowers can now take advantage of Prime minus 0.50 giving you an effective rate of 1.75%! The rate is good for 90 days, it's available for refinancing, purchases or switches at maturity of your existing mortgage. Toronto, if you'd like to explore if a 3 year variable mortgage is right for you, contact us. ...

When you were a kid, did you stand on the the train tracks peering into the distance waiting for the coming train? If so, suddenly, in the distance, a single light appeared suspended in mid air. A massive train hurdling towards you sent your heart racing. It was the ultimate game of chicken. How long could your nerves last before you had to step off those tracks and into safety? While mortgag ...

Here are your mortgage rates, Toronto, for the week of March 15, 2010. 

1 year fixed – 2.65%

3 year fixed – 3.35%

5 year fixed – 3.79%

3 year variable – Prime-.40% (1.85% effective rate)

5 year variable – Prime-.30% (1.95% effective rate)

RATE SPECIALS

5 year fixed – 3.69% (must close by April 26th 2010, purchase & refinance only)

NOTE: Rates are subject to change without warning at the lend ...

Although bond yields rose last Friday, as of Monday, March 8th, Toronto mortgage interest rates remain unchanged. Over the weekend some lenders have warned of the possibility of fixed rate mortgages increasing. Stay tuned. In the mean time, here are your Toronto mortgage interest rates:

1 year fixed – 2.65%

3 year fixed – 3.35%

5 year fixed – 3.79%

3 year variable – Prime-.40% (1.85% effectiv ...