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Current Rates

Terms Our Rates
6 Months 3.10 %
1 Year 2.44 %
2 Years 2.54 %
3 Years 2.69 %
4 Years 2.84 %
5 Years 2.69 %
7 Years 3.39 %
10 Years 3.79 %
Current Prime 2.95 %
5 Year Variable 2.00 %

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Renewing Your Mortgage

Congratulations on your maturing mortgage...now let us help you get a better rate!

Most Canadians do not take the time and invest in a proper renewal strategy. Don't just sign your renewal letter and end up with a higher rate and product that is not suited to your needs. Generally it is a good idea to start shopping for a new term between four and six months before your current mortgage term expires. It can be big difference in rates within 4 month, and also some lenders could have special offers or limited time promotions. Many lenders send out your renewal letter very close to the time that your term expires and this does not give you ample time to arrange for a mortgage term through a different lender. Before you ever hear from your lender about renewing your mortgage term, have a licensed mortgage professional shop around for you, you will be amazed at what they can accomplish on your behalf!

Maybe your mortgage needs have changed. This is the time to decide. For example, you may want to consolidate high interest debt in with your mortgage or you may want to tap some of your home equity for a renovation project? Or maybe you’re considering a cottage or vacation property. Are you confident you will get the best rate at renewal?

Having multiple lenders compete for your business is a great way to ensure you get the best rate for your situation. We deal with multiple lending institutions, including major banks, credit unions, trusts and other national and regional lenders, which means we can put significant negotiating power behind finding the best mortgage to fit your specific situation.

Give us a call today!

What's Next ?
 Call to review your mortgage strategy
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*Subject to approved credit, income verification and meeting lending credit granting criteria. Applies to residential mortgages only and some conditions may apply. O.A.C., E.O.E All content is subject to change without notice.

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