5 Year Fixed Mortgage Rates Go Even Lower To 2.89 Per Cent
Mortgage News / Mortgages

5 Year Fixed Mortgage Rates Go Even Lower To 2.89 Per Cent

Earlier this week, we couldn’t believe our eyes when we saw the already ground-level 5 year fixed mortgage rate drop to a record of 2.94% in Ontario. Taking into account the roller coaster nature of these rates, we wondered: how long could this rate stay around? And could it go even lower? Our musings were answered today as rates dipped even lower to 2.89% – and this time, more provinces are getting in on the action. Continue reading »