Loan Rates | Mortgages: Open, variable to 2 years

Sorted by: 2 Years in ascending order (Click on a column heading to sort up or down)
Financial Institution Variable 6 Months 1 Year 2 Years
ATB Financial 4.240 4.100 4.100 4.100
Bank of Montreal 4.400 6.950 6.950 -
CIBC Mortgages 4.500 6.950 6.350 -
Effort Trust Company - 6.300 6.300 -
Manulife Trust - - 3.700 -
Parama Credit Union 3.650 - 3.140 -
FirstOntario Credit Un. 4.550 6.940 6.940 -
HSBC Bank Canada 4.390 4.100 4.990 -
National Bank - 6.700 6.700 -
PACE Savings & Credit Un - 6.700 6.300 -
Equitable Bank - 6.300 6.300 -
Steinbach Credit Union 3.250 - - -
T-D Mortgage 4.350 - 4.500 -
Desjardins - Caisses - 6.500 6.300 -
Laurentian Bank Canada - 6.700 6.300 -
Your Neighbourhood C.U. - - 6.200 -
Comtech Credit Union - 6.400 6.300 -
Libro Credit Union - 4.850 - -
Alterna Bank 4.000 6.350 6.300 -
Bank of Nova Scotia - 6.450 6.500 -
Canadian Western Bank - 6.390 6.080 -
First Calgary Financial - 6.950 7.000 -
Kindred Credit Union - - 6.300 -
Luminus Financial 4.500 - 6.250 -
Manulife Bank 3.700 - 3.700 -
Meridian Credit Union - - 6.300 -
Rapport Credit Union - 6.500 6.300 -
League Svgs & Mortgage - 6.950 - -
Alterna Savings 4.000 6.350 6.300 -
Canadian Western Trust - 6.450 - -
Investors Group Trust - 6.800 6.300 -
London Life - 6.800 6.300 -
Royal Bank of Canada 4.750 7.000 7.000 -

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 December 15, 2017

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

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