Rates Updated May 22, 2013 09:30:48
Best Closed Mortgage Rates
| Best Fixed Rates | Best Variable Rates | |||||
|---|---|---|---|---|---|---|
| 6 Mo |
|
3.95%
|
||||
| 1 Year |
|
2.39%
|
|
2.75%
|
||
| 2 Years |
|
2.39%
|
||||
| 3 Years |
|
2.49%
|
|
2.85%
|
||
| 4 Years |
|
2.66%
|
||||
| 5 Years |
|
2.64%
|
|
2.50%
|
||
| 6 Years |
|
3.35%
|
||||
| 7 Years |
|
3.35%
|
||||
| 10 Years |
|
3.54%
|
||||
Best HELOC Mortgage Rates
| HELOC |
|
3.50%
|
Best Open Mortgage Rates
| Best Fixed Rates | Best Variable Rates | |||||
|---|---|---|---|---|---|---|
| 1 Year |
|
8.00%
|
||||
| 5 Years |
|
3.50%
|
||||
Mortgage Brokers Canada Details
What is a Mortgage Broker?
Mortgage brokers are trained, licensed professionals who represent you and advise you while you're searching for financing (a mortgage, HELOC, or refinancing) from a lender.
They will help you find the best mortgage for your individual situation by asking about your personal financial preferences and goals before comparing the lowest rates from different lenders. You can think of them as your personal mortgage shopper.
Why Should I use a Mortgage Broker?
Low Rates
Mortgage brokers will sometimes have access to great rates that might not be offered directly to the general public. In every case, brokers will be comparing low rates from across many different lenders to ensure that you're getting the best deal possible and potentially saving lots of money.
