| Term | Bank Rate | Our Rate |
| 1 Year | 3.14 % | 1.59 % |
| 2 Year | 3.19 % | 1.54 % |
| 3 Year | 3.49 % | 1.54 % |
| 4 Year | 3.74 % | 1.59 % |
| 5 Year | 4.59 % | 1.58 % |
| 7 Year | 5.35 % | 1.99 % |
| 10 Year | 5.60 % | 2.14 % |
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
