Rates Effective February 14, 2012
(Rates subject to change without notice. OAC.)
Open Term Mortgages |
|
|
|
FULLY OPEN
|
4.00
|
(P+1.00%) Mortgage Rate. Fully Open, No penalty for early repayment.
|
|
Variable Mortgages |
|
1-YEAR
|
3.00
|
(Prime) Lump sum payments up to 20%, increase regular payments up to 20%. Convert to a fixed rate at anytime. Mortgage is Portable and Assumable.
|
|
3-YEAR
|
3.00
|
(Prime) Mortgage rate Lump sum payments up to 20%, increase regular payments up to 20%. Convert to a fixed rate at anytime. Mortgage is Portable and Assumable.
|
|
5-YEAR
|
3.00
|
(Prime) Mortgage Rate. Lump sum payments up to 20%, regular payments up to 20%. Convert to a fixed rate at anytime. Mortgage is Portable and Assumable.
|
|
PRIME RATE
|
3.00
|
Bank of Canada Prime Rate
|
|
Fixed Mortgages |
|
1-YEAR
|
2.89
|
Lump sum payments up to 20%, increase regular payments up to 20%. Mortgage is Portable and Assumable
|
|
2-YEAR
|
3.09
|
Lump sum payments up to 20%, increase regular payments up to 20%. Mortgage is Portable and Assumable
|
|
3-YEAR
|
2.79
|
Lump sum payments up to 20%, increase regular payments up to 20%. Mortgage is Portable and Assumable
|
|
4-YEAR
|
3.29
|
Lump sum payments up to 20%, increase regular payments up to 20%. Mortgage is Portable and Assumable
|
|
5-YEAR
|
3.29
|
Option 60. Lump sum payments up to 20%, increase regular payments up to 20%. Mortgage is Portable and Assumable
|
|
7-YEAR
|
3.99
|
Lump sum payments up to 20%, increase regular payments up to 20% Mortgage is Portable and Assumable
|
|
10-YEAR
|
3.89
|
Lump sum payments up to 20%, increase regular payments up to 20% Mortgage is Portable and Assumable
|
Reverse Mortgage: 5.25% |
Cash Back Mortgages |
|
5-YEAR
|
4.99
|
Lump sum payments up to 15% of your original mortgage amount, at any time and increase regular payments up to 15% Mortgage is Portable and Assumable
5% CASHBACK
|
|