Historic low interest rates are now a thing of the past, and we are in a rising rate environment.
I would love to provide you with a complimentary in-depth quote, plus lock in today's rates for up to 120 days while you shop for your new home. Simply get in touch and you will also receive an overview of current market conditions affecting your local mortgage market to help you make the BEST buying decision.
Interest rates are important, but should NOT be the only factor in your mortgage decision. Two mortgages with the exact same rate can have VERY different terms, conditions, flexibility, prepayment privileges, and penalty calculations.
Prime rate: 3.45%
Bank of Canada Benchmark Rate: 5.14% (effective Jan 22/18)
NOTE: Rates are subject to change without notice. OAC. Some conditions may apply.
|4.75 %||6 month convertible||3.10 %|
|3.69 %||1 year fixed||2.99 %|
|3.49 %||2 year fixed||3.09 %|
|3.94 %||3 year fixed||3.14 %|
|4.29 %||4 year fixed||3.39 %|
|5.14 %||5 year fixed (high ratio)||3.09 %|
|5.14 %||5-year fixed (conventional)||3.39 %|
|5.14 %||6 year fixed||3.54 %|
|5.69 %||7 year fixed||3.69 %|
|6.39 %||10 year fixed||3.74 %|
|3.45 %||Variable||2.41 %|