Mortgages

First Residential Mortgage - Closed (Rates effective 2020-06-03) Rates
6 month 4.75%
1 year 2.79%
2 year 2.79%
3 year 2.79%
4 year 2.79%
5 year 2.74%
7 year 3.99%
10 year 4.85%
First Residential Mortgage - Variable Open (Rates effective 2020-06-03) Rates
1 year open variable (prime + 1.00%) 3.45%
First Residential Mortgage - Variable Closed (Rates effective 2020-06-03) Rates
5 year closed variable (prime + 0%) 2.45%
  • Mortgage rate and approval based on risk profile
  • Rates are for owner-occupied properties with amortization periods of 25 years or less
  • Rates expressed as Annual Percentage Rate (APR), compounded semi-annually
  • Variable rates expressed as Annual Percentage Rate (APR), calculated monthly
  • Second mortgage: 1% higher than the above First Mortgage rates
  • All rates subject to change at anytime
  • Apply today!
 

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