Interest Rates
Deciding on the type of mortgage interest plan is one of the most important decisions a home buyer will make. Your choice of mortgage plan can save you tens, even hundreds of thousands of dollars over the life of the mortgage. While we offer the best rates in the industry, obtaining the lowest rate does not guarantee the lowest total cost. You also need to consider the following:
- Are you obtaining the right term based on your plans and objectives?
- Should you choose a fixed rate or variable rate mortgage?
- Does it have the right features - portability, assumable, prepayment, etc.?
- Is it tax efficient? Can you make your mortgage tax deductible?
- Is it better to go for a lower interest rate or lower payments?
There are many lenders in Canada each offering different rates, terms and features, you need a mortgage broker who will guide you through the maze of mortgage products. Let me analyze your financial situation and objectives so you obtain the best value for your mortgage. Get great rates and build wealth through your mortgage. If you know what you are looking for, Apply today!
Banks vs. Us
| Prime 2.25% | Bank Posted | Our Rate | |
| Variable | Prime | Prime -0.80% | |
| 1 Year Fixed | 5.50 | 2.64 | Apply Now |
| 2 Year Fixed | 5.75 | 2.99 | Apply Now |
| 3 Year Fixed | 5.75 | 3.29 | Apply Now |
| 5 Year Fixed | 5.79 | 3.59 | Apply Now |
| 7 Year Fixed | 7.00 | 4.49 | Apply Now |
| 10 Year Fixed | 7.35 | 4.79 | Apply Now |
OAC and subject to change without notice. Last updated: August 29th, 2011