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Wayne Mah

Senior Mortgage Planner

  • Rates

    effective May 13, 2024

    Term Bank Rate Our Rate
    1 Year 7.84 % 6.74 %
    2 Year 7.34 % 5.64 %
    3 Year 7.14 % 4.79 %
    4 Year 6.99 % 4.99 %
    5 Year 7.04 % 4.74 %
    7 Year 7.10 % 5.59 %
    10 Year 7.25 % 5.84 %

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    • 27APR
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      Financing For Americans Purchasing A Property In Canada

      The following information is specifically for our United States’ neighbours who are interested in financing a property purchase in Canada. If you are interested in information about financing but are from elsewhere around the world please refer to Financing A Property Purchase In Canada From Overseas. As Canada and the United States share the largest

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    • 26APR
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      Interest rates rise for the 3rd time in a month

      RBC led the way again today, announcing another rate increase of 0.15% across the board. This is the 3rd rate increase in a month and now totals over one full percentage point on many terms. Expect all other lenders to follow in the next few days. If you are in the market to buy, renew,

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    • 13APR
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      Rates On The Rise Again!

      The Royal Bank announced that effective tomorrow they are raising all rates by 0.25%. As an example their posted 5 year fixed rate would rise to 6.10%. This increase is on top of ones that took effect last week that were up to 60 bps. So far no other major lenders have matched these increases

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