Mortgage Rates Canada

TERM BANK OURS Variable 2.25% Prime 1.85% Prime - 0.40% 1 Year 3.90% 2.35% 2 Year 4.05% 2.95% 3 Year 4.55% 3.35% 4 Year 5.24% 3.69% 5 Year 5.85% 3.79% 7 Year 6.80% 5.25% 10 Year 6.90% 5.25% 5 YEAR QUICK CLOSE AT 3.69% Must Fund in 30 days 5 Yr No Frills @ 3.59% Must Fund in 30 Days PLUS 5% Pre-Payment Privileges Secured Line of Credit at Prime plus 0.60% Prime = 2.25% *rates subject to change without notice, OAC As of February 23, 2012

A mortgage broker has access to hundreds of mortgage products and can get you the best mortgage rates in Canada. Speak to Claire about the mortgage that is right for you. While finding the lowest mortgage rate is important, there are other things to consider. Both variable rate and fixed rate mortgages are available as are flexible payment terms and prepay options.

Why not use the expertise of an experienced mortgage broker? Mortgage rates in Canada are projected to rise again, so it is an opportune time to take advage of current Canadian mortgage rates for your home purchase in Ontario, Canada.

 

Canada Home Mortgage Rates

Canada home mortgage rates have never been this low. Now is an ideal time to lock in historically low interest rates. We can also pre-approve you for a mortgage and lock in the rates for up to 120 days. New mortgage products come onto the market every day. See current mortgage rates in our mortgage table and call for "Clairification".

To quickly determine how much you can afford and qualify for, you can also use our secured online mortgage application and can usually receive confirmation within 24 hours.

 

A mortgage agent has access to lenders across Canada including some that do not deal directly with the public. A mortgage broker can shop the market for you and save you time and their services are totally free since they are paid by the lender that you choose.

Let us compare rates for you to find the best deal for your particular situation. You can use our mortgage rate calculator to get more ideas. In the table above you will find our current rates on both variable and fixed rate mortgages; from 1 year fixed mortgages, 2 year fixed mortgages to 10 year fixed mortgages and variable rate mortgages.

Mortgage Financing

Mortgage types include conventional or high-ratio financing.

Most of the fixed rate and Variable Interest Rate Mortgages can be paid weekly, biweekly, semi-monthly or monthly.