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Saturday, November 21, 2009 06:47 PM
 
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Closed Mortgage Rates, 6 to 20 years


Financial Institution 6 Years 7 Years 8 Years 9 Years 10 Years 15 Years 20 Years
ATB Financial N/A 6.600 N/A N/A N/A N/A N/A
Alterna Bank N/A 5.950 N/A N/A 6.350 N/A N/A
Alterna Savings N/A 5.950 N/A N/A 6.350 N/A N/A
Bank Montreal Mtg. Corp. 5.590 6.600 N/A N/A 6.700 N/A N/A
Bank of Nova Scotia N/A 6.600 N/A N/A 6.950 N/A N/A
Bridgewater Bank N/A N/A N/A N/A 6.890 N/A N/A
CIBC Mortgages N/A 6.650 N/A N/A 6.800 N/A N/A
Caisses Desjardins N/A 6.600 N/A N/A 6.750 N/A N/A
DUCA Financial Services 4.950 5.450 N/A N/A N/A N/A N/A
First National Financial 4.850 5.300 N/A N/A 5.400 N/A N/A
FirstLine Mortgages N/A 5.600 N/A 5.670 5.700 9.550 N/A
FirstOntario Credit Un. N/A 5.390 N/A N/A N/A N/A N/A
HSBC Bank Canada N/A 7.000 N/A N/A 7.150 N/A N/A
ING Direct N/A 5.350 N/A N/A 5.500 N/A N/A
Investors Group Trust N/A 6.650 N/A N/A 6.800 N/A N/A
Laurentian Bank Canada 6.250 6.600 6.700 6.700 6.800 N/A N/A
Libro Financial Group N/A 5.950 N/A N/A N/A N/A N/A
London Life N/A 6.650 N/A N/A 6.800 N/A N/A
Manulife Bank N/A 5.750 N/A N/A 6.000 N/A N/A
Meridian Credit Union N/A 5.200 N/A N/A 5.450 N/A N/A
National Bank 6.100 6.600 N/A N/A 6.950 N/A N/A
President's Choice Fin'l 4.520 4.800 5.030 5.270 5.500 N/A N/A
Promutuel Capital N/A 6.800 N/A N/A 6.950 N/A N/A
Royal Bank of Canada N/A 6.650 N/A N/A 6.800 N/A N/A
T-D Mortgage 6.100 6.600 N/A N/A 6.700 N/A N/A
Windsor Family C.U. N/A 6.800 N/A N/A N/A N/A N/A
Your Credit Union N/A 6.800 N/A N/A N/A N/A N/A
Your Neighbourhood C.U. N/A 5.950 N/A N/A N/A N/A N/A

Last Update: 11-21-2009 18:30:02


A mortgage is a contract stipulating a specific property, typically a residence or building, as collateral for a loan. The mortgage incurs a rate of interest that varies according to term and other features. Closed mortgages involve a strict repayment schedule of a specific amount with optional limited lump sum payments and payment increases.

These rates are for indication purposes only and should be confirmed with each institution directly. The actual rate available to a borrower will vary depending upon a number of factors which may include general credit worthiness, security/collateral provided, borrowing/repayment history and the extent to which the borrower has other products/services with that particular vendor.

Data provided by