| Term | Bank Rate | Our Rate |
| 1 Year | 6.09 % | 5.19 % |
| 2 Year | 5.79 % | 5.19 % |
| 3 Year | 5.78 % | 4.89 % |
| 4 Year | 6.09 % | 4.79 % |
| 5 Year | 6.34 % | 4.64 % |
| 7 Year | 6.60 % | 5.54 % |
| 10 Year | 6.85 % | 5.29 % |
The average price of a Canadian home was $456,186 in November, a 10.2 per cent increase compared to the same month a year earlier. The Canadian Real Estate Association also noted Tuesday that stripping out the expensive and large markets of Toronto and Vancouver, the average price would have been $338,969 — a 3.4 per cent gain compared to November
5 THING NOT TO DO WHEN GETTING YOUR MORTGAGE The mortgage application process is very involved and detailed. There are a lot of moving parts and lots of elements to a person’s financial situation are under scrutiny. At the same time, the process is very emotional, stressful, and exciting. People want to plan for the
