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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 Team

The Neal Estate Team 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 4,000 transactions and $1 Billion SOLD, Ron Neal & The Neal Estate Team have the industry experience and market knowledge to help you make smart and informed buying or selling decisions. 


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