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Saturday, November 07, 2009 03:07 PM
 
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Open Mortgage Rates


Financial Institution Variable 6 Months 1 Year 2 Years
ATB Financial N/A N/A N/A N/A
Alterna Bank 3.250 6.450 6.800 N/A
Alterna Savings 3.250 6.450 6.800 N/A
Bank Montreal Mtg. Corp. N/A N/A N/A N/A
Bank of Nova Scotia N/A 6.500 6.750 N/A
CIBC Mortgages 3.050 6.700 6.450 N/A
Caisses Desjardins N/A 6.500 6.800 N/A
Canadian Western Bank N/A 6.450 6.750 N/A
Canadian Western Trust N/A 6.450 N/A N/A
Citibank N/A 6.450 6.750 N/A
Comtech Credit Union N/A 8.400 9.000 N/A
Concentra Financial N/A 6.600 6.750 N/A
DUCA Financial Services N/A N/A 6.750 N/A
Effort Trust N/A 6.550 6.900 N/A
Equitable Trust N/A 6.400 6.550 N/A
First Calgary Savings N/A 6.450 6.550 N/A
FirstOntario Credit Un. N/A N/A N/A N/A
HSBC Bank Canada 3.000 7.000 7.450 N/A
Investors Group Trust N/A 6.550 6.950 N/A
Laurentian Bank Canada N/A 6.450 6.800 N/A
League Svgs & Mortgage N/A 6.500 N/A N/A
Libro Financial Group N/A 5.600 N/A N/A
London Life N/A 6.550 6.950 N/A
Manulife Bank 3.250 N/A 4.600 N/A
Meridian Credit Union N/A 6.550 6.550 N/A
National Bank N/A 7.000 7.250 N/A
Ontario Civil Service CU N/A 7.000 7.000 N/A
PACE Savings & Credit Un N/A 6.600 6.750 N/A
Parama Credit Union 3.000 N/A N/A N/A
Promutuel Capital N/A N/A 6.800 N/A
Royal Bank of Canada 3.250 6.450 6.450 N/A
Servus Credit Union N/A 6.450 6.550 6.750
So-Use Credit Union N/A N/A N/A N/A
Steinbach Credit Union 2.750 N/A N/A N/A
T-D Mortgage 3.050 N/A 6.550 N/A
Ukrainian Credit Union N/A N/A N/A N/A
Virtual One Credit Union N/A 6.250 N/A N/A
Windsor Family C.U. 3.500 N/A N/A N/A
Your Credit Union N/A 6.600 7.000 N/A
Your Neighbourhood C.U. N/A N/A 7.000 N/A

Last Update: 11-07-2009 11:30:03


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