|Bank Vs Broker||Northwood||Scotia Bank||BMO||RBC||CIBC||TD|
|1 Year Fixed||3.54%||3.640%||3.790%||3.25%||3.54%||3.59%|
|2 Year Fixed||3.32%||3.740%||3.990%||3.440%||3.64%||3.74%|
|3 Year Fixed||2.99%||4.440%||4.290%||3.69%||3.94%||3.19%|
|4 Year Fixed||3.29%||4.590%||4.890%||4.42%||4.49%||3.94%|
|5 Year Fixed||3.09%||5.340%||5.340%||3.490%||5.34%||3.29%|
|5 year variable insured||1.05%||4.150%||4.100%||3.45%||3.95%||3.45%|
Updated as of: 22/04/2019
Your home is your most valuable asset. It is probably the single largest investment you will make in your lifetime. Your home is more than a place to rest your head and raise a family. Your home contains equity. It is a treasured resource and in some cases, can even be used as an ATM (aka cash back mortgages and HELOCs – don’t worry we’ll get there).
Everyone who is looking to purchase a home will need a mortgage. But, what is a mortgage exactly and why do you need it? Besides being the term to describe a loan secured by real estate, a mortgage allows you to access funding to procure your dream home.
If you are planning on purchasing a home, you will likely need to obtain a mortgage, as it can be next to impossible to buy a home without... Read More
Debt consolidation is a form of debt management that combines all of your debt with multiple creditors into one simple loan. Read More
The majority of Canadians will have to deal with a home mortgage at some point in their lives. Read More
Many Canadians don’t even think about mortgage penalties, as they feel confident that they won’t have to break their mortgage in the... Read More