Best mortgage rates for Toronto on RateSupermarket.ca
If you are looking to search for the best mortgage rates in Toronto, you've come to the right place. RateSupermarket.ca compares over 55 mortgage lenders and Toronto mortgage brokers so you'll be sure to find the best mortgage rates in Toronto. You can either go compare Toronto's current mortgage rates now at, http://www.ratesupermarket.ca/best_mortgage_rates/Toronto.html, or look at the latest Toronto mortgage news listed below.
Toronto Mortgage Rates Will Remain Relatively Flat
The Canadian Mortgage and Housing Corporation (CMHC) has reported in their latest Great Toronto Housing Association Market Outlook that posted mortgage rates eased by about 50 basis points in the first four months of this year, although rates in late April were 30 to 35 basis points higher than they were 12 months prior. Mortgage rates are expected to trend marginally lower throughout 2008, but will be within 25-50 basis points of their current levels. For 2009, posted mortgage rates will begin to drift up slightly as the year progresses. For 2008 and 2009, the one-year posted mortgage rate is forecast to be in the 6.50- 7.50 per cent range, while three and five-year posted mortgage rates are forecast to be in the 6.75-7.50 per cent range.
CMHC Toronto housing market & Toronto mortgage rate forecast
Census Metropolitan Area Total Housing Starts MLS sales MLS average price Mortgage rates (1 year) Mortgage rates (5 year)
Source = CMHC MLS = Multiple Listings Service
Mortgage lender's and mortgage broker's rates that we compare in Toronto, Ontario, Canada
RateSupermarket.ca compares the most mortgage rates in Toronto, Canada from the top lenders including banks, credit unions, trusts, and are also the only site to compare Toronto mortgage broker's rates. RateSupermarket.ca compares mortgage rates from the following:
AGF Trust Alterna Bank Alterna Savings Bank of Montreal Bank of Nova Scotia Bridgewater Bank Caisses Desjardins Canadian Tire Financial Services Canadian Western Trust Cataract Savings & Credit Union CIBC Mortgages Citibank Citizens Bank of Canada Comtech Credit Union Concentra Financial DUCA Financial Services Effort Trust Equitable Trust First National Financial
FirstLine Mortgages FirstOntario Credit Union Home Trust Company HSBC Bank Canada ICICI Bank Canada ING Direct Investors Group Trust Lambton Financial Credit Union Laurentian Bank Canada Libro Financial Group London Life
Manulife Bank MCAP Meridian Credit Union National Bank Ontario Civil Service Credit Union PACE Savings and Credit Union Parama Credit Union Peace Hills Trust PC Financial Promutuel Capital
ResMor Trust Royal Bank of Canada So-Use Credit Union Steinbach Credit Union TD Canada Trust True North Mortgage Virtual One Credit Union Windsor Family Credit Union Your Credit Union Your Neighbourhood Credit Union
Compare Rates - Mortgage Brokers -RateSupermarket toronto mortgage rate, best toronto mortgaage rates, RateSupermarket.ca, mortgage rates, Toronto mortgage broker, mortgage brokers in toronto, compare toronto mortgage rates Compare the best current mortgage rates in Toronto, Canada from all the Toronto mortgage lenders and Toronto mortgage brokers at Rate Supermarket.ca. Compare over 500 of the best mortgage rates