Tuesday, December 16, 2008

Dropping rates

Fixed rates are steadily lowering. Hopefully this will breathe some life into our soft market...

Residential rates:
1 yr fixed – 4.00%
4 yr fixed - 4.89
5 yr fixed - 4.99
5 year variable – 4.1% (Prime +.6%)
• Prime is currently 3.5%

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Need a quote on your mortgage? Call me at 416 876 2031.