| 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 % | 4.64 % |
| 5 Year | 6.34 % | 4.59 % |
| 7 Year | 6.60 % | 5.59 % |
| 10 Year | 6.85 % | 5.29 % |
When Is My Down Payment Needed By? After countless Saturdays & Sundays spent touring open houses, months of showings & a handful of unsuccessful bidding wars, your offer is finally accepted – rejoice! While we work on mortgage approval, you will need to prepare your end of the financial commitment: the down payment. The first
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,
