Record-Breaking 2.94% Five Year Fixed Mortgage Rate Hits the Market
Mortgage News / Mortgages / RSM News

Record-Breaking 2.94% Five Year Fixed Mortgage Rate Hits the Market

In June, 41.8% of Canadian mortgage seekers were leaning towards 5 year fixed rates, according to RatePulse, a new monthly digest offered by RateSupermarket.ca, Canada’s independent rate comparison site. That number is likely to jump even further now that record lows were seen this week for the 5 year fixed rate, at 2.94%. Continue reading »