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Mortgage Interest Rates - November 15 - Toronto


Blog by Tridac Mortgage | November 17th, 2010


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.