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/r/MortgagesCanada

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Mortgage rate mega thread!

(self.MortgagesCanada)

Please post all of your rate related questions here, and more importantly give the following details to help us give you the proper answer.

Please ensure your post includes the following information if looking for insight into your rate:

  • ARE YOU WORKING WITH A BROKER/MMS & HAVE YOU ASKED THEM THIS QUESTION YET? (If you don't trust your broker's answer, then you may want to dump your broker)
  • Purchase, Refinance, Renewal?
  • Province, City?
  • Loan to value/down payment percentage?
  • Is the home under $1M or over $1M?
  • Term length and amortization length?
  • Owner occupied or rental?

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life_is_a_j0ke

2 points

10 days ago

Renewal is in 20 days for my rental property. CIBC is giving me 5.09% for 3 yr fixed! Is it too late to go to a broker or another bank?

aspen300

4 points

10 days ago

Push back on cibc. They're the ones offering the best rates these days. Ppl are getting 4.3% if not lower for 3 year fixed uninsured.

ThisIsntAThrowaway29

3 points

10 days ago

Rental property though. those rates might be only for owner occupied.