Mississauga Real Estate Blog

This week brings good news for variable rate mortgages. Although there has been an increase in the 4 yr and 5 yr rates, variable rates are trending lower. Variable rates are now prime + .30 or prime + .35 in certain cases for a 5 year closed rates. If you are interested in a 5 [...]

The Toronto Real Estate Board has reported the “best June on record” with sales activity up 27% over last year. Market pressure has caused prices to jump back into new territory for the first time in 14 months. Rising home prices in the midst of a recession, you say? How can that be?
3 lessons arise [...]

June was a record Month for Home sales in Mississauga. If you’ve been waiting to get into the Real Estate market this is it!  
 

What a cool week here in Mississauga. It surely does not feel like summer. Hopefully you are enjoying the summer. Here are this week’s mortgage rates:

Terms

Bank Rates

Our Rates

6 Month

4.60%

3.95%

1 YEAR

3.75%

2.75%

2 YEARS

4.05%

3.05%

3 YEARS

4.65%

3.65%

4 YEARS

5.14%

4.09%

5 YEARS

5.85%

4.29%

7 YEARS

6.80%

5.35%

10 YEARS

6.90%

5.25%

Rates are subject to change without notice. *OAC E&OE

 Prime Rate is 2.25%

Variable rate mortgages from as low as Prime + [...]