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Currently the average price for a 15 year mortgage rate is 3.04%. However mortgage rates are constantly changing so it's best to check with your local banks to see what rates they are offering.

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Q: What is the average price for a 15 year mortgage rate?
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The average rate of a 5 year mortgage in Canada seems to be just over 3%. The rate can go up or down depending on if the mortgage is closed or variable.


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