Loan Rates | Mortgages: Closed, 6 to 20 years

Sorted by: 15 Years in ascending order (Click on a column heading to sort up or down)
Financial Institution 6 Years 7 Years 8 Years 9 Years 10 Years 15 Years 20 Years
Bank of Montreal 6.190 6.350 - - 6.750 - -
CIBC Mortgages - 5.950 - - 6.750 - -
Manulife Trust - 4.090 - - 4.390 - -
President's Choice Fin'l 4.620 4.790 5.090 5.400 5.700 - -
FirstOntario Credit Un. - 4.090 - - - - -
ATB Financial - 4.540 - - - - -
HSBC Bank Canada - 6.300 - - 6.500 - -
National Bank 5.950 5.950 - - 6.750 - -
T-D Mortgage 5.960 6.040 - - 6.500 - -
Windsor Family C.U. - 5.950 - - - - -
Your Neighbourhood C.U. - 4.490 - - - - -
DUCA Financial Services 3.840 3.800 - - - - -
Laurentian Bank Canada 5.950 5.950 6.550 6.550 6.550 - -
Caisses Desjardins - 5.950 - - 6.750 - -
Libro Credit Union - 5.400 - - - - -
Tangerine - 4.440 - - 4.690 - -
First Calgary Financial - 4.090 - - 4.190 - -
First National Financial 3.790 4.090 - - 4.490 - -
Alterna Bank - 3.700 - - 4.390 - -
Bank of Nova Scotia - 5.490 - - 6.040 - -
Manulife Bank - 4.090 - - 4.390 - -
Meridian Credit Union - 5.950 - - 6.290 - -
Alterna Savings - 3.700 - - 4.390 - -
Investors Group Trust - 6.500 - - 6.750 - -
London Life - 6.500 - - 6.750 - -
Royal Bank of Canada - 5.750 - - 6.750 - -

A mortgage is a contract stipulating a specific property, typically a residence or building, as collateral for a loan. The mortgage incurs a rate of interest that varies according to term and other features. Closed mortgages involve a strict repayment schedule of a specific amount with optional limited lump sum payments and payment increases.

Prepared by Cannex on July 29, 2014

This information is current as of the date and time posted and is subject to change without notice.

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