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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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    • Will New Bank Pay Mortgage Penalty of Old Bank?
    • 22SEP
      0 Comments

      Will New Bank Pay Mortgage Penalty of Old Bank?

      TRANSCRIPTION OF VIDEO BLOG: Hi, everyone. Rowan Smith from City Wide Mortgage Services. My last video went out, and near the end of the video I made some mention about penalties and banks paying other penalties. I want this video to be short, sweet, and very to the point. The question that I’m answering is,

      • Posted by Rowan Smith
      • Basic Mortgage Info
      • Penalties on Mortgages
      More
    • 05NOV
      0 Comments

      Penalties and Mortgages and how Non-Banks Can Help

      Transcript of Video Blog: Hi, everybody. It’s Rowan Smith with the Mortgage Centre. I want to talk today about interest rate differential penalties, mortgage penalties, and non banks. The reason I’m bringing this up is a lot of people have said to me, “Rowan, how come you don’t fund more mortgages with TD Bank or

      • Posted by Rowan Smith
      • Penalties on Mortgages
      More
    • 19SEP
      0 Comments

      IRD Penalties – Mortgage Penalties in Canada – Interest Rate Differential

      Transcript of Video Blog: Hi, everybody. Rowan Smith with the Mortgage Centre. Today’s topic is going to be interest rate differential penalties and payout penalties. Now most mortgages in Canada, when you pay them out and break the term, there’s going to be a penalty. If you’re in a variable-rate mortgage, chances are it’s only

      • Posted by Rowan Smith
      • Penalties on Mortgages
      More
      • 1
      • 2

    Recent Company Posts

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    Rowan Smith, MBI

    rowan@citywidemortgage.ca
    T: 604-657-6775
    F: 1-888-282-5760

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