Term – Our Rates
1 Year – 5.74%
2 Year – 5.99%
3 Year – 5.79%
4 Year – 5.74%
5 Year – 5.04%*
5 Year Special – 5.14%
7 Year – 5.94%
10 Year – 6.10%
Variable Rate – 5.05%
Rates provide by Darlene Hanley from the Hanley Mortgage Group.
Darlene Hanley, Mortgage Agent #M08003191
44 Charles Street West #2304
Toronto, Ontario M4Y 1R7
(416) 323-0535
Term – Our Rates
1 Year – 5.74%
2 Year – 5.99%
3 Year – 5.79%
4 Year – 5.74%
5 Year – 5.64%
5 Year Special – 5.14%*
7 Year – 5.94%
10 Year – 6.10%
Variable Rate – 4.55%*
Rates provide by Darlene Hanley from the Hanley Mortgage Group.
Darlene Hanley, Mortgage Agent #M08003191
44 Charles Street West #2304
Toronto, Ontario M4Y 1R7
(416) 323-0535
Term – Our Rates
1 Year- 5.74%
2 Year- 5.99%
3 Year – 5.17%*
4 Year – 5.74%
5 Year – 5.64%
5 Year Special – 4.79%*
7 Year – 5.79%*
10 Year – 5.89%*
Variable Rate – 4.55%*
Rates provide by Darlene Hanley from the Hanley Mortgage Group.
Darlene Hanley, Mortgage Agent #M08003191
44 Charles Street West #2304
Toronto, Ontario M4Y 1R7
(416) 323-0535
Term – Our Rates
1 Year – 5.64%*
2 Year – 4.74%*
3 Year – 4.84%*
4 Year – 5.54%*
5 Year – 5.34%
5 Year Special – 4.84%*
7 Year – 5.89%*
10 Year – 6.23%*
Variable Rate – 4.55%*
Rates provide by Darlene Hanley from the Hanley Mortgage Group.
Darlene Hanley, Mortgage Agent #M08003191
44 Charles Street West #2304
Toronto, Ontario M4Y 1R7
(416) 323-0535
Term – Our Rates
1 Year – 5.64%
2 Year – 4.74%
3 Year – 4.84%
4 Year – 5.54%
5 Year – 5.44%*
5 Year Special – 4.84%
7 Year – 5.89%
10 Year – 6.23%
Variable Rate – 4.55%
Rates provide by Darlene Hanley from the Hanley Mortgage Group.
Darlene Hanley, Mortgage Agent #M08003191
44 Charles Street West #2304
Toronto, Ontario M4Y 1R7
(416) 323-0535
Acronyms, every industry has them and if you are not involved in real estate on a regular basis, it’s hard to know what many of them mean. Below is a list of common acronyms you may come across when buying or selling a home in Toronto.
A/C – Air Conditioning
APR – Annual Percentage Rate
BSMT – Basement
DTI – Debt To Income ratio
CMA – Comparative Market Analysis
CREA – Canadian Real Estate Association
DOM – Days On Market
FINTRAC – Financial Transactions and Reports Analysis Centre
FIN W/O – Finished Walk Out Basement
HELOC – Home Equity Line of Credit
HST – Harmonized Sales Tax
HVAC – Heating Ventilation Air Conditioning
HVR – Heat Recovery Ventilator
LL – Lower Level
LRO – Land Registry Office
LT – Land Titles
LTV – Loan To Value ratio
MPAC – Municipal Property Assessment Corporation
OH – Open House
OREA – Ontario Real Estate Association
PC – Price Change
PCMLTFA – Proceeds of Crime (Money Laundering) and Terrorist Financing Act
PC – Price Change
PITI – Principal, Interest, Taxes and Insurance
PMI – Private Mortgage Insurance
PST – Provincial Sales Tax
RECO – Real Estate Council of Ontario
RM – Room
REMIC – Real Estate and Mortgage Institute of Canada
SC – Sold Conditional
SO – Sam Obeid
SPIS – Seller property Information Statement
SFH – Single Family Home
SFR – Single Family Residential
TRREB – Toronto Regional Real Estate Board
UFFI – Urea formaldehyde foam insulation
VC – Void Cheque
VTB – Vendor Take Back Mortgage
WETT – Wood Energy Technology Transfer
Here are this weeks mortgage rates from the Hanley Mortgage Group.
| Term | Our Rates* | Bank Posted Rates |
| 1 Year | 3.59% | 3.64% |
| 2 Year | 1.99%* | 3.74% |
| 3 Year | 2.99%* | 4.44% |
| 4 Year | 3.04% | 4.59% |
| 5 Year | 2.97% | 5.34% |
| 5 Year Special | 2.49%* | |
| 7 Year | 3.44% | 5.79% |
| 10 Year | 3.70% | 6.29% |
| Variable Rate | 2.90%* |
For more information contact the Hanley Mortgage Group, (416) 323-0535 44 Charles St. West Suite 2304, Toronto, Ontario M4Y 1R7 Canada
*Special conditions apply. Interest rates are provided for information purposes only and are subject to qualification and change without notice.
Here are this weeks mortgage rates from the Hanley Mortgage Group.
| Term | Our Rates* | Bank Posted Rates |
| 1 Year | 3.59% | 3.64% |
| 2 Year | 1.99%* | 3.74% |
| 3 Year | 2.89%* | 4.44% |
| 4 Year | 2.94% | 4.59% |
| 5 Year | 2.87% | 5.34% |
| 5 Year Special | 2.49%* | |
| 7 Year | 3.44% | 5.79% |
| 10 Year | 3.70% | 6.29% |
| Variable Rate | 2.90%* |
For more information contact the Hanley Mortgage Group, (416) 323-0535 44 Charles St. West Suite 2304, Toronto, Ontario M4Y 1R7 Canada
*Special conditions apply. Interest rates are provided for information purposes only and are subject to qualification and change without notice.
Today the Bank of Canada raised it’s key interest rate from 1.25% to 1.5%. In response, all 6 of Canada’s big banks have announced they will raise their prime lending rate to 3.7%.
Prime Lending Rate Trend
source: tradingeconomics.com