| Term | Bank Rate | Our Rate |
| 1 Year | 5.19 % | 3.89 % |
| 2 Year | 5.14 % | 4.09 % |
| 3 Year | 5.34 % | 4.19 % |
| 4 Year | 5.79 % | 4.19 % |
| 5 Year | 6.04 % | 4.19 % |
| 7 Year | 6.30 % | 5.24 % |
| 10 Year | 6.55 % | 5.34 % |
TRANSCRIPT OF VIDEO BLOG: Hi, everybody. It’s Rowan Smith with Citywide Mortgage Services. The question I’m here to answer today is how do you minimize your mortgage penalties? The short answer is…you have to pick your lender very carefully. Now, on a variable‑rate mortgage, uniformly across the board, it’s essentially a three‑month interest penalty. However,
I get frequent questions from clients that say, “my lender is who?” and it is usually because they aren’t familiar with a broker-only lender and there are a LOT of broker only lenders. This video blog explains why we use them instead of the big banks 100% of the time. Transcript of Video Blog: Hi,
