Toronto Mortgage Alliance Mortgage Rates for Week of Oct. 2nd, 2011

6 Month 4.45% 4.45%
1 Year 3.60% 2.75%
2 Year 3.95% 3.09%
3 Year 4.35% 2.79%
4 Year 5.04% 2.89%
5 Year 5.54% 3.29%
7 Year 6.44% 4.49%
10 Year 6.80% 4.79%
Variable Rate 2.40%
Prime Rate 3.00%
BenchMark Rate 5.39%
Cost per $1000 $4.88

* Cost per $1000 based on 5yr fixed term rate compounded semi-annually.
* Rates may vary provincially and are subject to change without notice OAC.


About wojciechpianka

After a few years of studying English and History at the University of Toronto, I decided to transfer to Ryerson University and pursue a Bachelor of Commerce degree. While studying, I worked various jobs where I acquired many skills. Starting as a teller at Scotiabank, I moved on to being a manager of a restaurant, admin staff at a medical clinic, a sales agent for INGDirect and a manager at One King West Hotel. While all these jobs challenged me, I never felt my potential being utilized. Finally in 2008, I completed the Ontario Mortgage Agent Course and signed up with The Mortgage Alliance Company of Canada. This was a great decision, as it allowed me to use the skills I learned working to help people achieve their real estate and financial goals. My passion for real estate and numbers has lead me to becoming a mortgage agent. Growing up in New York City, I always had a fascination of historic buildings and skyscrapers. At 21, I bought my 1st property and have been investing in real estate ever since. I firmly believe thru steady, safe and conservative investing a one can obtain long term financial wealth. One day, I hope to develop the same buildings I help clients purchase.
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