With the Bank Of Canada widely expected to increase interest rates by .50% next week, bond yields have surged causing fixed mortgage interest rates to increase by almost a full percentage point.
Discounted Rates Lowest fully discounted rates for mortgages with less than 20% down or more than 35% down payment 5-year fixed 3.54% 5-year variable 1.35%
For mortgages with 20% to 34.99% down payment 5-year fixed 3.54%-3.79% 5-year variable 1.45%-1.65%
Non Discounted - full featured mortgages For mortgages with less than 20% down or more than 35% down payment 5-year fixed 3.84% 5-year variable 1.60%
For mortgages with 20% to 34.99% down payment 5-year fixed 3.84%-4.09% 5-year variable 1.65%-1.85%
The presenter has taken great care in preparing this video, however makes no representations or warranties with respect to the accuracy or completeness of its content. The contents of this video should not be considered a substitute for professional financial advice. Please consult a financial professional before implementing any of the strategies described in this video. The presenter shall not be held liable for any loss of profit or any other financial damages, including but not limited to special, consequential, incidental, or other damages.
