This week’s lowest fixed and variable mortgage rates in Canada

All right, it’s not exactly a fire sale, but we are indeed getting some Yuletide rate relief. Since the peak one month ago, the lowest nationally advertised five-year fixed has dropped 30 bps to 5.14 per cent (uninsured). On a standard mortgage, that saves $1,445 of interest over five years, per…

#robertmclister #bankofcanada