Mortgages
| Fixed Rate Mortgages (Rates effective 2025-10-30) | Rates |
|---|---|
| 1 year | 5.84% |
| 1 year special rate | 5.24% |
| 2 years | 5.19% |
| 2 year special rate | 4.54% |
| 3 years | 6.05% |
| 3 year special rate | 4.39% |
| 4 years | 5.99% |
| 4 year special rate | 4.49% |
| 5 years | 6.09% |
| 5 year special rate | 4.49% |
| 5 year CMHC insured | 4.19% |
Term: 1, 2, 3, 4 and 5 years
Interest Rate: Fixed for the full term selected
Financing Available: Conventional and high-ratio
Payment Options: Weekly, biweekly, semi-monthly, monthly
Rapid Paydown: Payments can be increased by up to 100% over the term without charge
Prepayment Option: Up to 15% each year
| Open Mortgages (Rates effective 2025-10-30) | Rates |
|---|---|
| 1 year | 9.85% |
Term: 1 year
Interest Rate: Fixed for 1 year
Financing Available: Conventional and high-ratio
Payment Options: Weekly, biweekly, semi-monthly, monthly
Rapid Paydown: Payments can be increased by up to 100% over the term without charge
Prepayment Option: Full or partial prepayments on any date without charge
| Variable Interest Rate Mortgages Closed (Rates effective 2025-10-30) | Rates |
|---|---|
| VIRM 5 Year Closed | 4.45% |
| VIRM 5 Year Closed Special Rate | 4.15% |
Rate is FNBC Prime +0.00%
Term: 5 years (closed)
Interest Rate: VIRM where the rate is set on the first day of each month
Financing Available: Conventional or high-ratio.
Payment Options: Weekly, biweekly, semi-monthly, monthly
Rapid Paydown: Payments can be increased by up to 100% over the term without charge
Prepayment Option: Up to 15% each year
Fixed Rate Option: Convert to a fixed rate option at any time as long as the term is at least the lesser of 3 years or the current remaining term
| Variable Interest Rate Mortgages Open (Rates effective 2025-10-30) | Rates |
|---|---|
| VIRM 5 year Open | 7.75% |
Rate is FNBC Primes +3.30%
Term: Five years (open)
Interest Rate: VIRM where the rate is set on the first day of each month
Financing Available: Conventional or high-ratio.
Payment Options: Weekly, biweekly, semi-monthly, monthly
Rapid Paydown: Payments can be increased to any amount over the term without charge
Prepayment Option: Full or partial prepayments on any date. Full prepayment subject to an administration fee. First year = $500; Second year = $250; After two years = $0
Fixed Rate Option: Convert to a fixed rate option at any time
