Posted On Feb 05, 2024

While variable rates remain higher for the time being, the bright side is fixed rates are decreasing!
 
CURRENT BEST INTEREST RATES (O.A.C)
  • FIXED rates: 4.99% - 5.59% (Avg = 5.29%)
    Approx $598/month per $100k (25 yr amortization)  
  • VARIABLE rates: 6.20% - 6.95% (Avg = 6.58%, Current Prime Rate 7.20%)
    Approx $675/month per $100k (25 yr amortization)
Disclaimer: Rates are subject to change.
 

Danny Bell, AMP
Mortgage Broker | M13001996
P. 289-200-9061
The Mortgage Centre
Durhammortgage.com Ltd. 
Reg. 10231

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