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Mortgage Rate Update - Sept. 9, 2009

Rates Edging Down...Still.
Both short term and long term rates are still edging down. The Bank of Canada will meet on Thursday and do nothing to change the short term rates. Keep floating!
 
             Bank Prime Rate 2.25%
Term
Best
Bank Posted
1 year
2.55%
3.75%
3 year
3.49%
4.65%
5 year
3.99%
5.85%
10 year
5.45%
7.15%
25 year
9.25%
9.75%
 
 
 
 
 
 
 
 
 
 
 
Bold numbers denote change from last posted rates. 
  
Variable mortgage from Prime +.20...TODAY at 2.45%!
 

Courtesy of

Laura Stein - The Mortgage Centre
Telephone: 604-657-6535 ext 22
2

www.mortgagecents.ca

 

Call Laura today and tell her Lyn sent you!

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