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Residential Mortgage Rates – Rate Bulletin

TERM

RATE*

25 YR AM**

30 YR AM**

35 YR AM**

 

12 month convertible

2.65%

4.55

4.02

3.65

 

1 year open

6.55%

6.73

6.30

6.02

 

1 year closed

2.34%

4.41

3.87

3.49

 

2 years closed

2.80%

4.63

4.10

3.73

 

3 years closed

3.54%

5.01

4.50

4.14

 

4 years closed

4.00%

5.26

4.75

4.40

 

5 years closed

3.99%*

5.26

4.75

4.40

 

7 years closed

5.25%

5.95

5.49

5.18

 

10 years closed

5.35%

6.02

5.55

5.23

 

Prime rate

2.25%

 

 

 

 

Zero down – 5% Cash Back Option 

5.84%

 

 

 

 

6.31

 

 

 

 

5.85

 

 

 

 

5.55

 

 

 

 

 

 

 

 

 

*Rates are discounted by at least 1% and are subject to change without notice. Clients must meet discretionary pricing requirements. **Payment Factors: Multiply mortgage amount (per thousand) by “x” YR AM to calculate monthly mortgage payment. 

 i.e. – $200,000 mortgage at 5 year  fixed w/35 yr amortization; calculation as follows; 200 multiplied by 4.40 = $880/month. 

VARIABLE RATE MORTGAGE: @  PRIME Minus .25 = 2.00%

Convert at any time to low fixed rates 

* Special 5 yr Fixed as low as 3.89%*

 

 

Shant Kaltakjian |  Mortgage Professional

 

www.MortgageBrokers.com/Shant

Address

RE/MAX Hallmark Realty Ltd., Brokerage
723 Mount Pleasant Road
Toronto, ON
M4S 2N4

Brokerage

 

Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Information is deemed reliable but is not guaranteed accurate by TREB.

Toronto Real Estate Board - IDX Last Updated: 8/19/2017 6:34:46 AM