Select Page

Best Variable Mortgage Rates

 

Bank of Montreal

3.75%

3 Year Variable

30 Days

Hold until Jan 07

$1,640.18

Payment

motusbank

2.9%

5 Year Variable

90 Days

Hold until Mar 07

$1,498.01

Payment

Bank of Montreal

3.64%

5 Year Fixed

90 Days

Hold until Mar 07

$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.

How to Easily Qualify for a HELOC in Canada

How to Easily Qualify for a HELOC in Canada

A home equity line of credit, or a HELOC, is one of the most convenient ways to borrow money and take advantage of the equity you have built over the years. As opposed to a conventional loan, HELOCs offer other advantages such as: Access to large amounts of money...

read more
A Guide to the First-Time Home Buyer Incentive

A Guide to the First-Time Home Buyer Incentive

The federal government launched the First-Time Home Buyer Incentive (FTHBI) on September 2, 2019. With funding of $1.25 billion dollars to be used over the next three years, this program aims to help thousands of Canadians become homeowners. If you qualify, you apply for a 5% or 10% shared equity mortgage with the Government of Canada.
read more