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Close Topic OptionsCanada Mortgage Rates - Page 2 of 2
The spring mortgage rate wars have started - Page 2 - Politics, Business, Civil, History - Posted: 10th Feb, 2016 - 4:42pm
Posts: 10 - Views: 1537
General Canadian Mortgage Rates - For specific areas within CaPost Date: 30th Jun, 2015 - 6:30pm / Post ID: #
Canada Mortgage Rates - Page 2
Fixed 5 year mortgages in Canada have stayed at historically low levels for 5 years now. The present rate for a 5 year is 2.59% for people with very good credit.
At least one lender has indicated that they will be raising rates by 10 basis points on Thursday July 2nd. Others may follow.
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Post Date: 10th Feb, 2016 - 4:42pm / Post ID: #
Rates Mortgage Canada
The spring mortgage rate wars have started early this year. Rates had been going up and Royal Bank announced they were raising rates from 2.94% to 3.04% for a 5 year fixed rate when some monoline mortgage companies dropped their rates from 2.69 to 2.59%. This week rates continued to drop to 2.54%
Variable rate mortgages have continued to lose their discounts with National Bank announced that the discount was disappearing this week and now sits at Prime -0.
TOPIC: Canada Mortgage Rates