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 3.500 4.000 4.000 4.000
Bank of Montreal 3.700 6.750 6.750 -
CIBC Mortgages 4.000 6.950 6.350 -
Manulife Trust - - 3.200 -
Parama Credit Union 3.150 - 2.950 -
Effort Trust - 6.300 6.300 -
FirstOntario Credit Un. 3.850 6.340 6.340 -
HSBC Bank Canada 3.700 6.200 6.350 -
National Bank - 6.700 6.700 -
PACE Savings & Credit Un 2.500 6.700 6.300 -
Equitable Bank - 6.300 6.300 -
Steinbach Credit Union 2.750 - - -
T-D Mortgage 3.700 - 6.300 -
WFCU Credit Union 3.700 - - -
DUCA Financial Services - - 5.750 -
Laurentian Bank Canada - 6.700 6.300 -
Your Neighbourhood C.U. - - 6.200 -
Caisses Desjardins - 6.500 6.300 -
Comtech Credit Union - 6.400 6.300 -
Libro Credit Union - 4.850 - -
Alterna Bank 3.700 6.300 6.300 -
Bank of Nova Scotia - 6.450 6.500 -
Canadian Western Bank - 6.450 6.300 -
First Calgary Financial - 6.300 6.300 -
Luminus Financial 4.000 - 6.250 -
Manulife Bank 3.200 - 3.200 -
Meridian Credit Union - - 6.300 -
Rapport Credit Union - 6.600 6.300 -
League Svgs & Mortgage - 6.750 - -
Alterna Savings 3.700 6.300 6.300 -
Canadian Western Trust - 6.450 - -
Investors Group Trust - 6.500 6.300 -
London Life - 6.500 6.300 -
Royal Bank of Canada 4.000 6.750 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 June 25, 2016

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

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