Loan Rates | Mortgages: Open, variable to 2 years

Sorted by: Variable in ascending order (Click on a column heading to sort up or down)
Financial Institution Variable 6 Months 1 Year 2 Years
PACE Savings & Credit Un 2.500 6.700 6.300 -
Steinbach Credit Union 2.750 - - -
Parama Credit Union 3.150 - 2.950 -
Manulife Bank 3.200 - 3.200 -
ATB Financial 3.500 4.000 4.000 4.000
T-D Mortgage 3.700 - 6.300 -
WFCU Credit Union 3.700 - - -
Alterna Bank 3.700 6.300 6.300 -
Alterna Savings 3.700 6.300 6.300 -
FirstOntario Credit Un. 3.850 6.340 6.340 -
Bank of Montreal 3.900 6.950 6.950 -
CIBC Mortgages 4.000 6.950 6.350 -
Luminus Financial 4.000 - 6.250 -
Royal Bank of Canada 4.000 6.750 6.750 -
HSBC Bank Canada 4.200 6.200 6.350 -
Manulife Trust - - 3.200 -
Effort Trust - 6.300 6.300 -
National Bank - 6.700 6.700 -
Equitable Bank - 6.300 6.300 -
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 - -
Bank of Nova Scotia - 6.450 6.500 -
Canadian Western Bank - 6.450 6.300 -
First Calgary Financial - 6.300 6.300 -
Meridian Credit Union - - 6.300 -
Rapport Credit Union - 6.600 6.300 -
League Svgs & Mortgage - 6.750 - -
Canadian Western Trust - 6.450 - -
Investors Group Trust - 6.500 6.300 -
London Life - 6.500 6.300 -

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 September 27, 2016

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

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