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  • Rates

    effective September 21, 2026

    Term Bank Rate Our Rate
    1 Year 5.84 % 4.59 %
    2 Year 5.14 % 4.24 %
    3 Year 6.05 % 4.04 %
    4 Year 5.99 % 4.09 %
    5 Year 6.09 % 4.09 %
    7 Year 6.40 % 5.24 %
    10 Year 6.80 % 5.29 %
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    • Imperfect Information – Managing Mortgage Expectations
    • 19JAN
      0 Comments

      Commercial or Residential – Multiple Suites in a Property

      There are a lot of properties, especially in East Vancouver, where the home has a main floor, and 3 or 4 or MORE basement suites (or carriage house). The clients often go to their bank, and are told the lender will only use 2 suites for rental income, or won’t give them ANY credit for

      • Posted by Rowan Smith
      • Construction and Commercial Mortgages
      More
    • 19JAN
      0 Comments

      No change at Bank of Canada

      In a surprise to no one, the Bank of Canada left their overnight rate unchanged today in their latest rate announcement. Overall, the tone of the news release is pretty much the same as the last few. For some, this may be boring and uneventful but sometimes that is a good thing like now. This

      • Posted by Wayne Mah
      • Bank of Canada
      • First-Time Buyers
      • Market Update
      • Mortgage Rates
      • Refinance or Renewals
      • Rental or Investment Properties
      More
    • 14JAN
      0 Comments

      86% of Canadians take fixed rate mortgages

      The Canadian Association of Accredited Mortgage Professionals (CAAMP ) released the results of an extensive survey conducted by them that found 86% of Canadians are taking a fixed rate mortgage when buying a home. In fact, a whopping 70% were taking a fixed rate term greater than 5 years!!! This is contrary to extensive reports

      • Posted by Wayne Mah
      • Bank of Canada
      • Educational
      • First-Time Buyers
      • Market Update
      • Mortgage Rates
      • Opinion
      • Refinance or Renewals
      More
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    Rowan Smith, MBI

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

    Contact Info

    • 103-1245 West Broadway
      604-257-2600
    • Vancouver, BC
    • V6H 1G7

    cwf@citywidemortgage.ca

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