|
|
Interest Rates, Chartered Bank 5 Year Mortgage Rate |
|
Month |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
|
January |
6.90% |
8.55% |
7.75% |
7.00% |
6.45% |
6.05% |
6.05% |
6.30% |
6.65% |
7.39% |
|
February |
6.90% |
8.55% |
7.75% |
6.85% |
6.60% |
5.80% |
6.05% |
6.45% |
6.65% |
7.29% |
|
March |
6.95% |
8.35% |
7.25% |
7.30% |
6.85% |
5.70% |
6.25% |
6.45% |
6.49% |
7.19% |
|
April |
6.95% |
8.35% |
7.50% |
7.45% |
6.65% |
6.15% |
6.05% |
6.75% |
6.64% |
6.99% |
|
May |
7.30% |
8.75% |
7.75% |
7.40% |
6.15% |
6.50% |
5.95% |
6.75% |
7.14% |
6.65% |
|
June |
7.70% |
8.45% |
7.75% |
7.25% |
5.80% |
6.70% |
5.70% |
6.95% |
7.24% |
7.15% |
|
July |
7.75% |
8.25% |
7.75% |
7.05% |
6.20% |
6.55% |
5.80% |
6.95% |
7.24% |
|
|
August |
7.80% |
8.25% |
7.60% |
6.80% |
6.35% |
6.30% |
5.80% |
6.85% |
7.24% |
|
|
September |
7.70% |
8.25% |
7.15% |
6.70% |
6.30% |
6.30% |
5.80% |
6.70% |
7.19% |
|
|
October |
8.25% |
8.25% |
6.90% |
7.00% |
6.40% |
6.40% |
6.00% |
6.80% |
7.44% |
|
|
November |
8.25% |
8.25% |
6.85% |
6.70% |
6.50% |
6.30% |
6.15% |
6.55% |
7.39% |
|
|
December |
8.25% |
7.95% |
6.85% |
6.70% |
6.45% |
6.05% |
6.30% |
6.45% |
7.54% |
|
| Source: Statistics Canada, Bank of Canada, July 2008 |
|
Interest Rates, Prime Loan Rate |
|
Month |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
|
January |
6.75% |
6.50% |
7.50% |
3.75% |
4.50% |
4.25% |
4.25% |
5.00% |
6.00% |
6.00% |
|
February |
6.75% |
6.75% |
7.25% |
3.75% |
4.50% |
4.25% |
4.25% |
5.25% |
6.00% |
5.75% |
|
March |
6.75% |
6.75% |
6.75% |
3.75% |
4.75% |
4.00% |
4.25% |
5.50% |
6.00% |
5.25% |
|
April |
6.50% |
7.00% |
6.75% |
4.00% |
5.00% |
3.75% |
4.25% |
5.50% |
6.00% |
5.25% |
|
May |
6.25% |
7.00% |
6.50% |
4.00% |
5.00% |
3.75% |
4.25% |
5.75% |
6.00% |
4.75% |
|
June |
6.25% |
7.50% |
6.25% |
4.25% |
5.00% |
3.75% |
4.25% |
6.00% |
6.00% |
4.75% |
|
July |
6.25% |
7.50% |
6.25% |
4.50% |
4.75% |
3.75% |
4.25% |
6.00% |
6.25% |
4.75% |
|
August |
6.25% |
7.50% |
6.00% |
4.50% |
4.75% |
3.75% |
4.25% |
6.00% |
6.25% |
|
|
September |
6.25% |
7.50% |
5.75% |
4.50% |
4.50% |
4.00% |
4.50% |
6.00% |
6.25% |
|
|
October |
6.25% |
7.50% |
5.25% |
4.50% |
4.50% |
4.25% |
4.75% |
6.00% |
6.25% |
|
|
November |
6.50% |
7.50% |
4.50% |
4.50% |
4.50% |
4.25% |
4.75% |
6.00% |
6.25% |
|
|
December |
6.50% |
7.50% |
4.00% |
4.50% |
4.50% |
4.25% |
5.00% |
6.00% |
6.00% |
|
| Source: Bank of Montreal, July 2008 |
|
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