Canadian Mortgage Rates, Toronto Stock Exchange (TSX) and Canadian/US Dollar Exchange. September 5, 2013 Canadian Bank Prime Rate is currently 3.00%. CanEquity Mortgage is offering 2.74% APR on a 1 year fixed closed mortgage. The Toronto Stock Exchange (TSX) was up 87.25 points closing at 12,845.06. Canadian/US Dollar Exchange Rate dropped 14 points to close at 0.9518 USD. 1 Canadian Dollar = 0.9518 US Dollars. 09/07/2013

August 10, 2011... Canadian Bank Prime Rate is currently 3.00%. CanEquity Mortgage is offering 3.49% APR on a 5 year fixed closed mortgage. The Toronto Stock Exchange (TSX) was up 89.63 points closing at 12,198.89. Canadian/US Dollar Exchange Rate dropped 164 points to close at 100.52 USD. 08/10/2011

June 7, 2011... Canadian Bank Prime Rate is currently 3.00%. CanEquity Mortgage is offering 3.60% APR on a 5 year fixed closed mortgage. The Toronto Stock Exchange (TSX) was down 35.74 points closing at 13,282.92. Canadian/US Dollar Exchange Rate rose 55 points to close at 102.51 USD. 06/07/2011

May 6, 2011... Canadian Bank Prime Rate is currently 3.00%. CanEquity Mortgage is offering 3.55% APR on a 3 year fixed closed mortgage. The Toronto Stock Exchange (TSX) was up 111.22 points closing at 13,566.60. Canadian/US Dollar Exchange Rate rose 13 points today to close at 103.41 USD. 05/06/2011

February 10, 2011... Canadian Bank Prime rate is currently 3.00%. CanEquity Mortgage is offering 3.80% APR on a 3 year fixed closed mortgage. The Toronto Stock Exchange (TSX) was up 56.27 points closing at 13,840.57. Canadian dollar exchange rate dropped today 19 basis points to 100.42 USD.   02/10/2011

November 5, 2010... Canadian Bank Prime rate is currently 3.00%. Unpublished special rate offering today is 3.3% APR on a 4 year fixed rate mortgage.  (Call me for details) The Toronto Stock Exchange (TSE) was up 46.32 points closing at 12,925.11 Canadian dollar exchange rate rose today 20 basis points to 99.96 USD. 11/05/2010

When we were buying homes in the '60's, '70's, and '80's did we ever dream that interest rates would ever be so low as they are currently? I distinctly remember a friend, who was an active realtor in the early 1980's when rates went to 21.5%, making the comment, "We may never see 10% mortgage money again." Well surprise, surprise! Rates today are at historical lows. If buyers qualify, they can obtain a 5-year closed mortgage for as little as 3.79%. A 1-year closed can be as low as 2.50% as are 5-year variable rate mortgages! The following link will take the reader to a chart of current interest rates in Canada (provided by Gerry Smith, Mortgage Manager of TD Canada Trust): https://vaslogin.com/partner/edesigns/preview.asp?idp=66692&id=82024&act=show&pers=12948455&type=1&idto=1,98248 10/07/2010