Posts Tagged ‘mortgage rate update’

Best Canadian mortgage rate update on RateSupermarket

Wednesday, May 28th, 2008

I’ve received some feed back that people would like to see the lowest rate for a Closed, Fixed 5 year rate as well, so we’ll start including that specific rate. As a result, today’s best current mortgages for Canada on RateSupermarket.ca:

  • Closed Variable mortgage rate: True North Mortgage: 6 month @ 2.24% (3 month teaser rate, reverting to Prime – 0.4% after)
  • Closed Fixed mortgage rate: True North Mortgage: 1 year @ 4.69%
  • Closed Fixed 5 yr mortgage rate: Canadian Tire Bank @ 4.99% (available in Alberta, BC, and Ontario)
  • Open Variable mortgage rate: True North Mortgage: 6 month @ 4.15%
  • Open Fixed mortgage rate: Manulife Bank: 1 year @ 6.05%- DECREASED FROM 6.15% since yesterday (May 27, 2008)
  • You can click onthe links above to see those mortgage rates and their details, or go and compare the best mortgage rates in Canada.

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