Centum Mortgage Rates
at end of November, 2024
Current Variable Mortgage Rate 5.05%
The 5-yr fixed high ratio 4.29% – 6.99%
The 5-yr variable high ratio: 4.95% – 6.55%
The 5-year fixed uninsurable: 4.84% – 8.44%
The Current Prime Rate is 5.95%…
…Next Announcement Dec 11
NOTE: Rates shown are for “A” rated deals only and don’t apply for BFS, rentals, vacation homes, second home purchases, etc.
Stress Test Qualifying Rate: Mortgage lenders use the greater of the qualifying rate (5.25%) or the contract rate plus 2 points.
Rates are Based On Approved Credit
May vary between geographic areas