|Bank Vs Broker||Northwood||Scotia Bank||BMO||RBC||CIBC||TD|
|1 Year Fixed||2.34%||3.090%||3.090%||3.25%||3.19%||3.14%|
|2 Year Fixed||2.34%||3.190%||3.290%||2.090%||2.89%||3.19%|
|3 Year Fixed||1.99%||3.790%||3.750%||3.69%||3.59%||2.19%|
|4 Year Fixed||2.34%||4.090%||4.240%||4.42%||4.24%||3.74%|
|5 Year Fixed||1.89%||4.790%||4.790%||2.290%||4.79%||2.24%|
|5 year variable insured||1.80%||2.650%||2.450%||2.100%||2.45%||2.05%|
Updated as of: 14/09/2021
Canada’s mortgage website
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).
We All Need a Mortgage
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.
As the housing market continues to pummel forward despite the pandemic, new homeowners are shopping around for the best home loan options. Read More
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