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  • Rates

    effective February 3, 2023

    Term Bank Rate Our Rate
    1 Year 6.09 % 5.19 %
    2 Year 5.79 % 5.19 %
    3 Year 5.78 % 4.89 %
    4 Year 6.09 % 4.79 %
    5 Year 6.34 % 4.64 %
    7 Year 6.60 % 5.54 %
    10 Year 6.85 % 5.24 %
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    • What is the “Best” Mortgage Rate?
    • 09MAY
      0 Comments

      What is the “Best” Mortgage Rate?

      “The ‘best’ mortgage rate means the lowest rate available for a mortgage that contains all of the features and terms the client is looking for,” says Laird. He notes that some of the key features rate shoppers should consider include the penalty to break your mortgage; pre-payment privileges (i.e., the lump sum payments and percentage

      • Posted by Editor
      • Basic Mortgage Info
      • Educational
      • First Time Home Buyer
      • First-Time Buyers
      • Mortgage Rates
      • Opinion
      • Uncategorized
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    • 27MAR
      0 Comments

      The deal hunter’s guide to getting the lowest mortgage rate from @GlobalNews

      Whether it’s a palatial residence, a trendy condo or a tiny bungalow, a home is the most expensive thing most Canadians will buy in their lifetime. For a nation known for its love of discounts and reward programs, you’d think we’d be all over getting the best possible deal on our mortgages. But over and

      • Posted by Editor
      • Educational
      • First Time Home Buyer
      • First-Time Buyers
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    • 20FEB
      0 Comments

      Everyone’s mortgage is about to get more expensive

      Get ready for a rate shock adjustment that is expected to accelerate in 2019 The Bank of Canada raised its benchmark interest rate to 1.25 per cent Wednesday and signalled that, barring certain risks, more hikes are likely in the rest of the year. That’s creating an unusual situation for Canadians: for the first time in years,

      • Posted by Editor
      • Basic Mortgage Info
      • First Time Home Buyer
      • First-Time Buyers
      • Market Commentary
      • Market Update
      • Mortgage Rates
      • Opinion
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