New Year Update on Current Mortgage Rates - The Mortgage Division

The Mortgage Division, provider of the best and lowest Mortgage rates in Mississauga, has recently updates their current mortgage rates attuned to the changes in lending trends this New Year. They’re standing their ground as the providers of lowest fixed and variable mortgage rates as per their current rate listing. 

 1 year Fixed Open mortgage rate of 6.30% with 100 % lump sum pre-payment option; 
Lowest Closed Fixed 1 year, 2 year, 3 year, 4 year, and 5 year rates at 2.64%, 2.54%, 2.79%, 2.99%, and 2.94% against posted 3.04%, 3.24%, 3,44%, 3.89%, and 4.99% respectively; 

 Variable Rate at 2.30% against a Prime Rate of 3.20%;

 Benchmark Rate at 4.99%.
This is the revised mortgage rate list as published on Monday, January 8th 2018.        
 


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