In the interest of providing the most up-to-date real estate related information, we will be posting the current mortgage rates available in our area, courtesy of Paul Croteau, Mortgage Specialist with BMO Bank of Montreal.
| Rate | Term | |
| 5-Year Fixed | 5.75% | |
| 3-Year VRM | 5.40%, Prime minus 0.85% |
Quote of the Week
“Success is that old ABC – ability, breaks, and courage”.
Charles Luckman
The Bank of Canada meets tomorrow and all signs point to the overnight lending rate staying where it is. Good news for those looking to purchase a new home in the near future.
Paul Croteau
Mortgage Specialist
BMO Bank of Montreal
ph: (905) 321-3230
Paul.Croteau@bmo.com