Historical Rates

The following graphs show many historical rates and features of the Canadian mortgage market. It is a great idea to inform yourself of where the rates have been in the past if you are considering making a purchase in the near future. Predicting where the rates might be in the future is very difficult without professional advice. For this reason please call Harpreet Singh The Mortgage King at (416) 795-1919 for a free consultation of your situation.

The following is the history of the prime rate over the last 80 years

The following is the history of the prime rate over the last 20 years

The following is the history of the prime rate, best available variable rate mortgage, and the discount on prime, over the last 8 years

The following is the history of the best available 5 year fixed rate over the last 8 years

The following is the history of the Bank of Canada bond yields for the 2 and 10 year terms

The 3, 5, and 7 year terms fall in-between accordingly.

The following is the history of the best available Home Equity Line of Credit rate for the last 3 years

 

For a more in-depth and professional review of your individual and personalized situation please give Harpreet Singh The Mortgage King a call at (416) 795-1919.

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