Interest Rate Update
Posted by Ron Neal on Monday, July 15th, 2013 at 12:54pm.
| Current Discount Mortgage Rates |
Jul 2013 |
| Variable Rate |
2.60% |
| 1 Year |
2.79% |
| 2 Year |
2.79% |
| 3 Year |
2.94% |
| 4 Year |
3.09% |
| 5 Year |
3.39% |
| 7 Year |
3.59% |
| 10 Year |
3.89% |
| Prime Rate |
3.00% |
| * Rates subject to change and OAC. | |
| Canadian Qualifying Rate |
Jul 2013 |
| Rate |
5.14% |
Source: Bank of Canada
| Current Posted Mortgage Rates |
Jul 2013 |
Jul 2012 |
Jul 2011 |
| 1 Year |
3.14% |
3.10% |
3.50% |
| 3 Year |
3.75% |
3.95% |
4.35% |
| 5 Year |
5.14% |
5.24% |
5.39% |
Source: Bank of Canada
| Current Bank of Canada Rate & Prime Rates |
Jul 2013 |
Jul 2012 |
Jul 2011 |
| Bank Rate |
1.25% |
1.25% |
1.25% |
| Prime Rate |
3.00% |
3.00% |
3.00% |
Source: Bank of Canada
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The Neal Estate Group is your #1 source for all of your Victoria BC real estate needs. Get in touch with us online or by phone at (250) 386-8181 to speak with a Victoria real estate buying or selling expert today. With decades of experience as a top selling Victoria REALTOR® and ranked in top 1% globally with over 5,000 transactions and $1 Billion SOLD, Ron Neal & The Neal Estate Group have the industry experience and market knowledge to help you make smart and informed buying or selling decisions.