3.09% 5-year fixed and 2.50% 5-year variable would be the best rates for an insured purchase.algorythm wrote: ↑ I bought my first home this week - a condo in downtown Toronto - and I'm looking for a 5 yr variable quote.
Income: 115k single income
Purchase Price: $550,000 with 5% Down payment
Closing date: Mid December
Primary residence: Yes
So far I have been quoted 2.70% variable, but I see as as low as 2.44% on Butler.
Principal Broker - First Toronto Mortgage - MA (Ontario #13176, BC #X301007)
Real Estate Salesperson - Century 21 Innovative
President's Club Award Winner At The Mortgage Architects