Current Residential Mortgage Rates as of January 23, 2014

Term Rate
6 months 3.95%
1 Year 2.89%
2 Year 2.79%
3 Year 2.89%
4 Year 3.39%
5 Year 3.19%
7 Year 3.99%
10 Year 4.39%

Prime = 3.00%

Variable Closed (5 yr) = Prime minus 0.55% = 2.45%

Variable Open = Prime plus 0.80% = 3.80%

Courtesy of John Chrisanthidis, Mortgage Intelligence