Mortgage Interest Rates - November 15 - Toronto
Toronto mortgage broker, Chris Molder, updates the mortgage
rate conditions in his weekly video installment.
2.45% – 1 Year Fixed
3.34% – 3 Year Fixed
3.49% – 5 Year Fixed (quick close December 31st)
3.54% – 5 Year Fixed (120 day ratehold)
3.09% – Merix 50/50 Mortgage (fixed / variable hybrid)
P-.70 3 Year Variable (2.30%)
P-.75 5 Year Variable (2.25%)
Prime Rate is currently 3.00%
Bank of Canada Qualifying rate 5.19%
NOTE: Rates are subject to change without warning at the lender’s discretion.
