Enjoy your weekly Rates & News updates! Mortgage Rates: 1yr 2.89% 2yr 2.99% 3yr 2.69% 4yr 2.89% 5yr 3.19% 6yr 4.29% 7yr 4.49% 3yr variable closed (Prime – .65%) = 2.35% 5yr variable closed (Prime – .60%) = 2.40% Canada mortgage rates keep sliding How Much Lower Can The Yields Go Interesting insights from CREA: […]
1yr 2.54% ( 0.00%) 2yr 2.95% (-0.10%) 3yr 3.49% ( 0.00%) 4yr 4.09% (-0.05%) 5yr 3.99% ( 0.00%) 3yr and 5yr variable closed (Prime – .60%) = 1.90%
The Canadian Press recently published an interesting article called ‘Float or Fix’ – a look at the decision homebuyers face in choosing a fixed or variable mortgage rate. With the recent interest rate hike by the Bank of Canada, and several more called for in the coming two years, the question becomes ever more pertinent. […]
Real estate news in Canada including buy and sell information, local market updates, guides, tips for Canadians in the real estate market.