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Mortgage Rates

Bank Vs Broker Northwood Scotia Bank BMO RBC CIBC TD
1 Year Fixed 2.99% 3.690% 3.290% 3.25% 3.29% 3.04%
2 Year Fixed 3.09% 3.490% 3.500% 3.190% 3.24% 3.24%
3 Year Fixed 3.29% 3.940% 4.050% 3.69% 3.64% 3.29%
4 Year Fixed 3.39% 4.290% 4.790% 4.42% 4.29% 3.89%
5 Year Fixed 3.14% 5.140% 5.140% 3.540% 4.99% 5.14%
5 Year Variable 1.00% 3.65% 3.40% 3.470% 3.45% 2.95%

Updated as of: 12/02/2018


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.

Mortgage Blog

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