|
Financial
Institution
|
3
Yr |
5
Yr |
7
Yr |
10
Yr |
5 Yr
Variable |
|
CENTUM Primo** |
3.29 |
3.49 |
5.65 |
4.99 |
2.40 |
|
First National |
3.65 |
3.79 |
4.79 |
4.99 |
2.25 |
|
FirstLine |
3.79 |
3.89 |
5.04 |
5.24 |
2.60 |
|
HomeTrust |
3.65 |
3.79 |
N/A |
N/A |
2.60 |
|
ING |
3.69 |
3.89 |
4.79 |
4.99 |
2.25 |
|
MCAP |
3.69 |
3.74 |
4.79 |
4.99 |
2.35 |
|
Scotia
Express |
3.69 |
3.69 |
4.79 |
5.39 |
2.50 |
|
Street Capital |
3.49 |
3.79 |
N/A |
N/A |
2.40 |
|
TD |
3.65 |
3.89 |
4.90 |
5.14 |
2.35 |
|
ResMor |
3.94 |
3.79 |
N/A |
N/A |
2.50 |
Rates
Effective as at: August 2, 2011
Prime Rate: 3.00%
Qualifying Rate: 5.39%Greater
Toronto area home prices accelerated during the second quarter as buyers
grappled with a tight supply of residential properties for sale. The heightened
competition between buyers has created a seller's market, leading to multiple
offers and pushing the median sales price up 10 percent, to $405,000 (about
$424,000 in U.S. dollars), in June.
At the same time, active listings
declined 24 percent from a year ago in Canada's largest metropolis.