Select Page

Best Variable Mortgage Rates

 

Best 3-Year Variable Rate

Bank of Montreal

3.75%

3 Year Variable

30 Days

Hold until Sep 25

$1,640.18

Payment

Best 5-Year Variable Rate

Bank of Montreal

3.64%

5 Year Fixed

90 Days

Hold until Nov 24

$1,621.40

Payment

Filter Mortgage Rates

  • $
  • $
  • $



Variable mortgage rates change depending on the fluctuation and volatility of the prime rates set by the Bank of Canada. Variable mortgage rates are usually lower than the fixed mortgage rates but it involves a certain amount of risk as rates may fluctuate based on the Prime rate and sometimes the payments could be much higher than you have anticipated. However, on the positive side, you may also save much interest considering the fluctuation are minimal.

Pros & Cons of getting a Private Mortgage & Loans

Pros & Cons of getting a Private Mortgage & Loans

What Are Private Mortgage Loans? Private mortgage loans are granted by private lenders unlike banks or conventional financial institutions. These short term loans do not require homeowners to pay the mortgage principal. Simply put, you only have to make the interest...

read more
How much mortgage do I qualify for?

How much mortgage do I qualify for?

How much do I qualify for? If you’re ready to purchase a new home, one of the first things you want to find out is how much you’re qualified to borrow. Lenders have restrictions on the amount of money that a lender can borrow that is based on the borrower’s...

read more
Reasons to Consider Mortgage Refinancing

Reasons to Consider Mortgage Refinancing

There are many reasons to consider mortgage refinancing to replacement your existing mortgage loan with another lender under different terms. A borrower in Canada may consider refinancing his or her loan for diverse reasons. If you’re not sure whether you should go...

read more

Get the latest deals and offers right to your inbox

Join our mailing list to receive the latest news, deals and updates from our team.

You have Successfully Subscribed!