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Mortgage Broker’s Act Ontario

Mortgage Brokerages, Lenders & Administrators Act, 2006 Act of Ontario

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Interest Rates

Bank of Canada Prime Rate (June 7th, 2023) : 6.95%

Stress Test mortgage rate: 5.25% (Dec 17, ’21) OR Lender Rate plus 2% whichever is HIGHER.

Variable Rate Mortgage: 6.05% (Bank Prime – 0.90%)

Fixed-Rate Mortgages:

1yr: 6.34%

2yr: 6.09%

3yr: 5.64%

4yr: 5.49%

5yr: 5.09%

7yr: 5.84%

10yr: 6.00%

Related

Mortgage Broker's Act Ontario

Mortgages Act Ontario

Personal Propery Act (PPSA)

Consent to Disclose

Definitions of Legal and Financial Terms

Rob Munn, B.Sc.

Principal Broker
License M08002081

Genesis Associates Ltd.
Mortgage Brokerage & Administration
(Since 1985)
License 10295

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ALL ONTARIO

Head Office

1676 Sir Monty’s Drive Mississauga, Ontario, Canada L5N 4R4

Email or Fax

General email address: [email protected]
Direct to Rob Munn B. Sc.: [email protected]

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