The Best 1 Year Fixed Closed Mortgage Rates in Canada
The Best Mortgage Rates in Ontario
1 YearFixed Closed View All
|2.19% View Details »||3.04% View Details »||2.39% View Details »|
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by Sean Cooper
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A Very Short Term Fixed Rate
A one year term is very brief for a mortgage rate, especially a fixed rate. Generally people looking for this rate have very specific intentions in mind. For example, you may be in a "transition" home that you don't intend to stay in, or you are almost finished paying off your mortgage and want to take advantage of a special offer.