Interest rates for January 09, 2018
This new 2018 brought us many changes in the real estate industry. One of them is the change of rules of qualification for a mortgage. Nevertheless, something that did not change is the mortgage interest rates. On the one hand, access to the purchase of a house is being restricted and on the other, there is the rate incentive. The table I present below contains the best interest rates for the moment thought our company. However, banks are predicting that these rates will not be available for a long time. If you want to know if you can get these rates for a purchase, renewal, or refinancing of your mortgage, contact us. We will be happy to serve you. And remember that our advice is free, preferential, personalized and confidential.
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Term | Posted Rate | Our Rate* |
Open 1 Year | 6.30% | 6.30% |
Fixed 1 Year | 3.04% | 2.64% |
Fixed 2 Year | 3.24% | 2.54% |
Fixed 3 Year | 3.44% | 2.79% |
Fixed 4 Year | 3.89% | 2.99% |
Fixed 5 Year | 4.99% | 2.94% |
Fixed 7 Year | 5.30% | 3.69% |
Fixed 10 Year | 6.10% | 3.74% |
Variable | 2.30% | |
Prime | 3.20% | |
Benchmark | 4.99% | |
* Rates may vary provincially and are subject to change without notice OAC . |
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Always at your Service:
Carolina Paredes
403 990 48174
Mortgage and Real Estate Professional
Mortgage Alliance of Canada & Legacy Real Estate Services