Toronto and GTA Mortgage Interest Rates 2009

the table below shows the current mortgage rates in the GTA. Most lenders have reduced their rates after the recent Bank of Canada prime rate drop


You can see the rates below are slightly lower than the rates that I posted here on my blog a week ago, this is good news for those that are thinking of buying or refinancing their mortgage in the next while.

Enjoy!
Mark

TERM	POSTED	Best Obtainable RATES*
6 Month	5.90%	5.89%
1 Year	5.60%	4.00%
2 Year	6.25%	4.94%
3 Year	6.25%	4.84%
4 Year	6.09%	4.79%
5 Year	6.75%	4.72%
7 Year	7.20%	5.80%
10 Year	7.55%	5.95%
Variable Rate		4.10%
Prime Rate		3.50%

* Rates may vary and are subject to change without notice.
Rates Last Updated: Friday, December 26, 2008

Read more about:

• Interest Rates
• Power of Sale Properties
• Price Trends
• or Search the MLS and more at my website

Thank you for reading my blog and if there is anything else I can help you with please don't hesitate to contact me,

Mark

A. Mark Argentino
P. Eng. Broker
Specializing in Residential & Investment Real Estate

Thinking of Selling? Best Mortgage Rates Current Home Prices Search MLS
RE/MAX Realty Specialists Inc.

Providing Full-Time Professional Real Estate Services since 1987
( BUS 905-828-3434
›mark@mississauga4sale.com
8 Website : Mississauga4Sale.com

• Thinking of selling in the next 3 to 6 months? Would you like a Complimentary & Quick Over-The-Net Home Evaluation ?
• On-Line Real Estate Newsletter sign up
• See seasonal housing patterns