Mortgage Rate Update

In a post with a Yahoo.ca link earlier this week I asked what effect we’d see with a 0.05% drop in mortgage rates at a couple of the big banks.  I got a new rate sheet today, effective January 15, from James Cosco, of Cosco Mortgage Corp., 604-290-6316 / www.coscomortgages.com /coscoj@telus.net , that indicates not much of a change.

1 year: 6%  (up .25% compared to last week)

2 year: 6.1% (unchanged)

3 year: 6.05% (down .05%)

4 year: 5.95% (unchanged)

5 year: 5.94% (up .06% from last week).  

Last week’s rate sheet is here.

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3 Comments

Filed under Mortgage Rates

3 responses to “Mortgage Rate Update

  1. Pingback: Mortgage Rate Update | Best Mortgage Rates

  2. Pingback: Inventory and Rates — The Best Real Estate Anywhere!

  3. Thnaks for posting the different updates of mortgage rates. It would be a big help for us.

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