Interest Rates

Average 10 Year Mortgage Rates (all data from Canada Mortgage and Housing Corporation)
Year	Jan.	Feb.	Mar.	Apr.	May	June	July	Aug.	Sep.	Oct.	Nov.	Dec.
1993	9.47	9.44	8.97	8.89	8.88	8.85	8.68	8.58	8.57	8.55	7.84	7.71
1994	7.33	7.20	7.89	9.43	9.48	9.80	10.69	10.33	10.01	9.84	9.85	10.25
1995	10.60	10.48	9.93	9.38	8.88	8.63	8.15	8.95	8.95	8.70	8.45	8.45
1996	8.02	7.79	8.16	8.48	8.47	8.48	8.48	8.01	7.94	7.50	7.01	6.95
1997	7.10	7.12	7.00	7.46	7.54	7.29	6.98	7.00	6.96	6.73	6.69	6.90
1998	6.90	6.84	6.84	6.79	6.92	6.90	6.90	7.08	7.32	6.73	6.94	6.69
1999	6.72	6.79	7.03	6.71	6.98	7.35	7.42	7.80	7.69	7.95	8.13	8.13
2000	8.34	8.43	8.24	8.23	8.5	8.34	8.18	8.08	8.08	8.08	8.04	7.81
2001	7.58	7.52	7.19	7.22	7.38	7.47	7.46	7.39	7.03	6.74	6.51	6.64
2002	6.62	6.59	6.80	7.00	7.00	6.98	6.90	6.61	6.49	6.50	6.47	6.39
2003	6.45	6.60	6.85	6.65	6.15	5.80	6.20	6.35	6.30	6.40	6.50	6.40
2004	6.05	5.80	5.70	6.15	6.50	6.70	6.55	6.40	5.80	5.85	5.80	5.60