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  • Rates

    effective June 30, 2022

    Term Bank Rate Our Rate
    1 Year 5.19 % 3.89 %
    2 Year 5.14 % 3.99 %
    3 Year 5.34 % 3.99 %
    4 Year 5.79 % 3.99 %
    5 Year 6.04 % 3.99 %
    7 Year 6.30 % 5.24 %
    10 Year 6.55 % 5.34 %
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    • 86% of Canadians take fixed rate mortgages
    • 14JAN
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      86% of Canadians take fixed rate mortgages

      The Canadian Association of Accredited Mortgage Professionals (CAAMP ) released the results of an extensive survey conducted by them that found 86% of Canadians are taking a fixed rate mortgage when buying a home. In fact, a whopping 70% were taking a fixed rate term greater than 5 years!!! This is contrary to extensive reports

      • Posted by Wayne Mah
      • Bank of Canada
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    Recent Company Posts

    • The complete guide for first-time home buyers in Canada 2022-05-29T20:38:17-07:00
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    • Census figures: What do they mean for Canada’s reverse mortgage market? 2022-05-29T20:34:50-07:00

    Wayne Mah, A.M.P.

    wayne@citywidemortgage.ca
    T: 604-880-1899
    F: 604-257-2605

    Contact Info

    • 103-1245 West Broadway
      604-257-2600
    • Vancouver, BC
      1-800-774-8818
    • V6H 1G7

    cwf@citywidemortgage.ca

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