Many banks increased interest rates yesterday - although many other Mortgage Brokers and some banks are still offering discount rates - on closed mortgages with three,four and five year terms. Increases range from two tenth to six-tenth percent. The Royal Bank,TD and Laurentian Bank increases the five year rate from 5.25 % to 5.85%. More increases are expected over the next month. Now is the time to buy. Call me for your Real Estate needs.
Hans Taal 905-339-5270