Current Mortgage Discount Rates For Jan 2012

Variable       2.80%

1 year           2.75%

2 year           2.59%

3 year           2.89%

4 year           3.09%

5 year           3.19%

7 year           4.31%

10 year        4.71%

Prime Rate 3.00%

Rates subject to change and OAC

Canadian Qualifying Rate  5.29%

Vancouver still records the highest average prices compared to the rest of the mayor cities in Canada.

For more questions on Mortgage Rates contact Vaneesh Dass www.vdass.ca

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