Current Residential Mortgage Interest Rates

Term Rate
6 months 3.95%
1 Year 2.74%
2 Year 2.69%
3 Year 2.79%
4 Year 2.99%
5 Year 2.99%
7 Year 3.69%
10 Year 3.89%

Prime = 3.00%

Variable Closed (5 yr) = Prime minus 0.35% = 2.65%

Variable Open = Prime plus 0.80% = 3.80%

 

 

 

Courtesy of John Chrisanthidis, Mortgage Intelligence