• This is a graphical representation of Historical Canadian mortgage interest rates from 1979 to date.
• From 1979 to 1994 the rate shown is the average 5 year mortgage rate posted at the major Canadian Banks, and then rates shown are the 3 year mortgage interest rate (usually I used Royal Bank and CIBC spot rates).
• Not all interest rate fluctuations are shown since 1996, just the ones that I was interested in at the time.
• If you want all the actual values of rates from 1979, I have them, and would be pleased to E-mail them to you on request. Click here to request that I send you the rates.
• I also have the average single family residential property prices going back to 1985

Send Kathy an E-mail or you can call me now at 416-236-1241

This is an excellent link to view and compare Today's Low Canada and Ontario Current Mortgage Interest rates from major lenders for discounted, variable, fixed and prime rates in Canada and a mortgage calculator

Another very interesting relationship is how the 1 year and 5 year mortgage interest rates compare over time.  People often ask me if they should choose the short term rates or lock in for the long term rates with their mortgage.  The answer is not simple and often depends upon your personal situation and your risk tolerance, read more about locking in your mortgage for the long or short term.  The graph below may give you some insight into what you may wish to do by comparing the difference between the short and long term rates over the past decade or so and how the difference fluctuates.

26 Excellent Articles about Buying or Selling your home and selecting a realtor

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One Year Rates Hit All-Time Low!

Find the current BEST MORTGAGE Rates Here

OR you can find A mortgage that's right for you from the lowest to highest and Current mortgage rates. Fixed rate and variable Canadian mortgages, Mortgage Rate Directory, Low Mortgage Rates, Today's Mortgage Rates, Discounted Mortgage Rates, Mortgage Rate info, Mortgage Tips & Advice, Ontario Mortgage Rates and more at this best rate page.