5-year Fixed Mortgage Rates. More than one out of every two mortgagors choose a 5-year fixed. When rates are rising or the spread between fixed and variable rates is small, that number can jump to 3 out of 4 mortgagors, or more.
Variable-rate mortgages Learn more about variable-rate mortgages. Learn more about variable-rate mortgages. Get a lower rate that changes with the market. Ideal if you want to save money if interest rates go down. CIBC Home Power Plan .
It includes the mortgage interest rate and other costs associated with the loan (for example, appraisal fees or broker fees). 3 year (open) % 5 year (closed) % What do these mortgage terms mean? Variable rate mortgage. Fixed rate mortgage. Open mortgage.
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Find the Cheapest Mortgage Rates in British Columbia (BC) Check out the comparison charts above for the lowest mortgage rate deals in BC. If you want more information – fixed vs. variable, open vs. closed, and prepayment options – visit our Education Centre The education centre is full of great information, advice, and Education Centre.
Location Please ensure your location is correct in order to find the best rates available in your area. Bank Mortgage Rates rates updated: March 13, 2019 5:21 PM Compare bank mortgage rates below and observe how they stack up against the best mortgage rates in the market.