Mortgage Rate 1990 - 2011 - Olga Ouspenski, Real Estate Broker. Montreal, Longueuil, Rive Sud. Groupe Sutton - Actuel.

CHART | The slow fall of Canada's mortgage lending rates, 1990-2011

The chart below shows the conventional five-year mortgage rate from 1990 through 2011. Hover over the points on the chart to bring up the average monthly lending rate. Visit my blog or contact me for more details.

The mortgage rate is dropping. At present it is at historicaly low level. What does it mean? NOW it is a best moment to buy a property, to invest in real estate!