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
Steinbach Credit Union 3.000 - - -
Parama Credit Union 3.250 - 3.000 -
Manulife Bank 3.500 - 3.500 -
Alterna Bank 3.750 6.300 6.300 -
Alterna Savings 3.750 6.300 6.300 -
ATB Financial 3.800 6.300 6.300 6.500
FirstOntario Credit Un. 3.900 6.340 6.340 -
Bank of Montreal 4.000 6.300 6.300 -
CIBC Mortgages 4.000 6.700 6.350 -
HSBC Bank Canada 4.000 6.200 6.350 -
T-D Mortgage 4.000 - 6.300 -
Windsor Family C.U. 4.000 - - -
Royal Bank of Canada 4.000 6.300 6.300 -
Manulife Trust - - 3.500 -
Effort Trust - 6.300 6.300 -
National Bank - 6.700 6.700 -
PACE Savings & Credit Un - 6.700 6.300 -
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 - 5.000 - -
Ontario Civil Service CU - 6.500 6.500 -
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 -
League Svgs & Mortgage - 6.450 - -
Servus Credit Union - 6.300 6.300 6.500
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 October 25, 2014

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

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