Mortgage Rates - December 13, 2018
|
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
