Discount Mortgage Rates are DOWN . . .

Discount Mortgage Rates are Down
To end of February, 2015 Based on 11 Financial Institutions:

  • The 5-yr fixed mortgage is 2.59% to 2.79%
  • The 3-year fixed mortgage rate is between 2.39% to 2.79%
  • The 5-year variable mortgage rate is between 2.15% and 2.85%
  • 7 and 10 year rates: available as low as 3.39% and 4.84%respectively
  • The Prime Rate is 2.85%;
  • The Qualifying Rate is 4.79%; applies to variable rates and mortgage terms of less than 5 years.

Rates are Based On Approved Credit (Source: Centum Financial Group Inc.)

Allan Lent

Allan Lent

Sales Representative
CENTURY 21 Today Realty Ltd., Brokerage*
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