Ontario Mortgage Rates

Click Here to read the Bank of Canada Announcement September 3,2008

Great Rates Update

In this issue

Current Rates

How do you get the best rate?

We specialize in making it easier to get a better mortgage

In addition to the lowest Ontario Mortgage Rates, we offer a level of specialized knowledge and service that far surpasses what you've come to expect from your own bank. We will recomment mortgages from a variety of different sources. We shop every available lender to make sure you get the most attractive rate and features. And best of all, our professional advise and assistance is free⁽²⁾

Current Rates

5-year vs. Bank Prime comparison chart

Taking the guesswork out of adjustable rate_mortgages

Mortgage Calculators

Effective October 8, 2008

Term	Don't Pay Posted Bank Rates⁽¹⁾	MortgageIntelligence's Great Rates⁽²⁾	Payment Factor⁽³⁾
6 month	6.35%	6.20%	$6.52
1 year	6.35%	5.40%	$6.05
2 year	6.70%	5.44%	$6.07
3 year	7.05%	5.50%	$6.10
4 year	7.05%	5.65%	$6.19
5 year	No Frills Mtg	5.40%⁽⁴⁾	$6.06
5 year	7.20%	5.50%⁽⁵⁾	$6.10
5 year	7.20%	5.64%⁽⁶⁾	$6.19
7 year	7.60%	6.10%	$6.46
10 year	7.80%	6.25%	$6.55
Prime Rate	4.5%	Adjustable Rate Mtg	P+1%

⁽¹⁾ Market rate is the posted rate offered by the majority of Canadian financial institutions ⁽²⁾ O.A.C.-On Approved Credit. Certain conditions may apply. Rates subject to borrower, property qualification & change without notice. E&OE.
⁽³⁾ Payment factor per $1,000

⁽⁴⁾ No Frills Mtg - High Ratio Mortgage closing within 30 days

⁽⁵⁾ OAC - CMHC Insured up to 45 day commitment

⁽⁶⁾ OAC - CMHC Insured up to 120 day commitment

ARM - Adjustable Rate Mortgage (aka: Variable)

Leading the way to a better mortgage