Interest Rates*
(Effective September 03, 2010) |
Annual Percentage Rate |
| Lowest Rate |
1.93% |
|
| 1 Year Fixed |
2.44% |
2.42% |
| 2 Year Fixed |
2.99% |
2.97% |
| 3 Year Fixed |
2.90% |
2.88%
|
| 4 Year Fixed |
3.49% |
3.47% |
| 5 Year Fixed |
3.64% |
3.62% |
| 7 Year Fixed |
4.75% |
4.73% |
| 10 Year Fixed |
5.00% |
4.98% |
| 3 Year Variable |
1.95% |
1.93% |
| 5 year Variable |
2.05% |
2.03% |
Prime = 2.75%
50/50 Wise Mortgage: 5year fixed rate of 4.09% + 5year variable rate of Prime - 0.50%
(works out to a weighted average rate of approximately 3.17%)
OR
3year fixed rate of 3.69% + 3year variable rate of Prime - 0.70%
(works out to a weighted average rate of approximately 2.87%)
*Disclaimer: Rates are subject to qualification, and may change without notice. All fixed rates shown are semi-annual compounding.
For more information about interest rates in Canada, refer to the Bank of Canada website: www.bankofcanada.ca
