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