Canada’s biggest bank has cut its five-year fixed-term mortgage rate, a move that other banks are likely to try to match in short order. Royal Bank edged the rate on its five-year "special offer.

But five-year fixed rates, held by 80 per cent of homeowners. rate is expected to remain unchanged all the way through to the end of next year, at 5.34 per cent. This means that mortgage applicants.

Teaser rates on a 5-year mortgage are higher than rates on 1 or 3 year ARMs, but they’re generally lower than rates on a 7 or 10 year ARM or a 30-year fixed rate mortgage. A 5-year could be a good choice for those buying a starter home who want to increase their buying power and are planning to trade up in.

Historical Mortgage Rates 15 Year Fha Mortgage Refinance Rates FHA mortgage rates hew closely to the mortgage rates on traditional home loans. If the average interest rate on a 30-year fixed-rate mortgage stands at 5.4 percent, you can figure that the average FHA mortgage rate is nearly the same. This makes these loans even more attractive. Another positive of FHA loans is that it is relatively easy for.Historic Mortgage Rates – Mortgage News Daily – A history of mortgage rates with charts for multiple time frames.. – Current Mortgage Rates – 30 year fixed rate mortgage. 15 Yr FRM 3.86% | Jumbo 30 Year fixed 3.97%. 1 rates are based on evaluation of credit history, loan-to-value, and loan term, so your rate.

Fixed Rate Mortgages Find a secure Mortgage that suits your needs. Find a secure fixed rate mortgage to help buy your dream home. Choose from competitive interest rates on open term, flexible or closed term mortgages at Scotiabank. Need help choosing the right mortgage?

The charts below show current purchase and switch special offers and posted rates for fixed and variable rate mortgages, as well as the Royal Bank of Canada prime rate.. 5 year variable: rbc Prime Rate – 0.600% (3.350%) 3.370% Calculate Your Mortgage Payment.

Fixed Rate Mortgages Find a secure Mortgage that suits your needs. Find a secure fixed rate mortgage to help buy your dream home. Choose from competitive interest rates on open term, flexible or closed term mortgages at Scotiabank.

Discounted Historical 5-Year Fixed Mortgage Rates (2006 – 2012) The Canadian Association of accredited mortgage professionals estimates that the average discount applied to a 5 year mortgage rate in 2010 was 1.42%. To source the discounted rates, we have combined our proprietary data supplemented with discount brokerage data from 2006-2010.

Us Bank 15 Year Mortgage Rates A fixed rate mortgage makes budget planning a snap. Traditional 15-year fixed rate mortgages and 30-year fixed rate mortgages from Santander Bank are a steady, reliable option. Because your monthly payments remain unchanged for the life of your loan, you’ll never have to worry about rising interest rates.

Popularity of 5-year fixed mortgage rates A 5-year mortgage term, at 66% of all mortgages, is by far the most common duration. It sits right in the middle of available mortgage term lengths, between one and 10 years, and, thus, its popularity reflects a risk-neutral average.

View the latest mortgage rates from Mortgage News Daily, MBA or Freddie Mac surveys, Average 30 Year Fixed Mortgage Rates. Report Date Current Interest Rate Change Prior Year