Mortgage Rates - December 13, 2018

From Gibbard Group Financial

Term

(Fixed)

PURCHASES and REFINANCES 

(25 year amortization)

 RENTAL

properties

1 Year 

3.54%

3.69%

2 Year 

3.64%

3.79%

3 Year 

3.79%

3.94%

4 Year 

3.84%

3.99%

5 Year 

3.94% - 4.04%

4.09%

5 Year

(high-ratio)

3.49%

N/A

7 Year 

4.24%

4.39%

10 Year 

4.39%

4.54%

Term (VRM) 

 

 

5 Year 

P - 0.45% - P - 1.00%

Prime - 0.50%

3 Year 

P - 0.15%

N/A

Rates are subject to change without notice.

* OAC, E, & OE

 

Prime Lending Rate

 3.95%

Benchmark Rate

 5.34%

 


For those who like to keep their eye on the Bank of Canada interest

rate announcements, here are the announcement dates for 2019:

 

  • Wednesday, January 9

  • Wednesday, March 6

  • Wednesday, April 24

  • Wednesday, May 29

  • Wednesday, July 10

  • Wednesday, September 4

  • Wednesday, October 30

  • Wednesday, December 4

     

As always, feel free to contact our office with any questions or

if you would like to discuss your mortgage options.

 

(604) 313-3199

[email protected]