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Bank Prime Rate: 3.20%
Better rates mean better mortgages. Taking the time to find your mortgage.
October 17, 2017
Best Rate - 1 year: 3.04%
> Limited Rate: 2.15%
> 30 year amortization maximum
> 15% lump sum payments allowed.
> 15% increase to regular payments.
> Insured Only
> 20% lump sum payments allowed.
> 20% increase to regular payments.
Best Rate - 2 year: 2.84%
> Limited Rate: 2.49%
> 30 year amortization allowed
> High Ratio Only
Best Rate - 3 year: 3.09%
> Limited Rate: 2.69%
> 30 year amortization maximum.
> 15% / 15%+ prepayment options.
> No Rentals or pre-approvals
> High Ratio Purchase or Switch Only (CG & CMHC)
> 20% / 20%+ prepayment options.
> Must close in 40 days
Best Rate - 4 year: 3.19%
> Limited Rate: 2.89%
Best Rate - 5 year: 3.29%
> Limited Rate: 2.84%
> 30yr Amortization Allowed
> 15% lump sum payments allowed
> 15% increase to regular payments
> Pre-Approvals at 2.74%
> High Ratio Purchase and Transfer > Only (CG & CMHC)
> 20%/20% lump sum payment options
> Must close in 80 days
● Year 3.99%
> 15%+ lump sum payments allowed.
> 15%+ increase to regular payments.
Variable Mortgages - Closed
Everyday Rate: 2.70%
Limited Rate: 2.15%
Variable Mortgages - Open
Everyday Rate: 3.70%
Limited Rate: --
For your Convenience
Bank of Canada
Understanding the Mortgage Process
Why Use a Broker
Home Buying Process
Purchase a Condominium
Mortgage Life Insurance
Mortgage Insurance and Credit Products
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