Interest Rate Watch

Interest Rate Watch

If you read my previous post on the government’s $30 billion dollar stimulus package, you would know that we are experiencing some of the lowest interest rates in recent times.

Click here to read about the interesting things the government is doing to help stimulate our economy.

Term Rate

6 Months  5.20%
1 Year      3.50%
2 Years    4.59%
3 Years    3.75%
4 Years    4.29%
5 Years    4.39%
7 Years    6.05%
10 Years  6.25%
Prime       3.00%
Variable   3.60%

If you would like me to send you periodical interest rate updates, please provide me with your email address so I can pass on the latest rate changes, along with any other market information you may be interested in.

It is always best to shop around to find the best interest rate. Let me help save you money!

Sean Kavanagh

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