Mortgage Rates by CanadianMortgageFinder.com

Count on us for Everyday Low mortgage rates

Prime 6.25%

Fixed Rates As of Oct 26, 2007

Bank	1 year	2 year	3 year	5 year	7 year	10 year
Verico (US)	5.55	5.65	5.7	5.89	6.25	6.15
BMO	6.75	7.05	7.35	7.19	7.55	7.95
TD Bank	7.15	7.3	7.3	7.19	7.55	7.90
Scotia	6.7	7.1	7.3	7.3	7.9	7.55
Royal Bank	6.75	7.05	7.3	7.3	7.19	7.55

Variable Rates ** (Priced on a discount from prime) prime 6.25%

Great Variable Mortgage Rater Options to choose from
	Term	Discount	introductory rate	on going	Penalty	Payment Adjusted	Payment types	Used for
VIP Basic	5 years	P - .60	-		3 mths	Quarterly	Variable or fixed	Purchase or Refinance
VIP Select A	5 yrs	-	P-.60	P-.60	2mths yrs 1&2 Open in yrs 4 &5	Monthly	Variable or fixed	Purchase or Refinance
VIP Select B	5 years	-	P-1.00 for 12 mths	P-.60	2mths yrs 1&2 Open in yrs 4 &5	Monthly	Variable or fixed	Purchase or Refinance
VIP Select B	5 yrs	-	P-1.75 (6mths)	P-.40	2mths yrs 1&2 Open in yrs 4 &5	Monthly	Variable or fixed	Purchase or Refinance
VIP Select C		-	P-2.51 (3mths)	P-.40	2mths yrs 1&2 Open in yrs 4 &5	Monthly	Variable or fixed	Purchase or Refinance
VIP M-Power	5 yrs	P-.70	-	P-.70	3 mths	Immediate	Variable only	Purchase or Refinance
Variable Open	5 years	AT PRIME	-	AT PRIME	OPEN	Monthly	Fixed	Purchase or Refinance

** Please note that the pricing of variable rate mortgages in the Canadian market place have been influenced by the increase cost of short term funds in the money market. Many lenders have effectively reduced the discounts from prime as a result.