| Term | Bank Rate | Our Rate |
| 1 Year | 5.84 % | 4.54 % |
| 2 Year | 5.14 % | 3.99 % |
| 3 Year | 6.05 % | 3.99 % |
| 4 Year | 5.99 % | 3.99 % |
| 5 Year | 6.09 % | 4.04 % |
| 7 Year | 6.40 % | 4.95 % |
| 10 Year | 6.80 % | 5.29 % |
What is a Collateral Charge Mortgage? I’ve wanted to do a video on this for some time, as I keep running into clients who are coming up to the end of their mortgage term, can save money by changing banks only to realize that they can’t actually leave without it costing them money. So we’re
OTTAWA — Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the Bank of Montreal suggests. According to the bank, 16 per cent of respondents said they would not be able to afford such an increase, while more than a quarter,
