14 October 2010

It’s obvious that such home sales were helped by low borrowing costs. Today Canada’s average posted five-year fixed mortgage rate is 5.29 per cent (discounted 5yrs fixed is 3.49%). It’s not far from 5.25% that we saw in April 2009 – which became the lowest rate in 50 years.

Leave a Reply

Your email address will not be published.