Mortgage Rates For Vancouver, BC
Updated As Of: March 11, 2010
Ask me about:
- Rates are starting to rise
- The new rules for self employed individuals
- The new rules for people buying or already with rental properties
- The higher rate that will be used to qualify people for mortgages, lowering the maximum amount one can be approved for
Which option is best for you?
The lowest rate may not always be the best option for you (i.e. find out if there are restrictions or limitations with the product before accepting). Have Maury help you navigate through the maze of mortgage products and have all options presented and explained to ensure you get the mortgage that always has your best interests in mind.
| Fixed Rate Mortgages |
Variable Rate Mortgages |
|||
| Rate | Term | —- |
Rate | Term |
| 2.65% | 1 Year | Bank Prime Rate | 2.25% | |
| 3.50% | 3 Year | 3 Year (Prime – 0.40%) | 1.85%* | |
| 3.69%* | 5 Year | 5 Year (Prime – 0.30%) | 1.95%* | |
| 3.89% | 5 Year | Next Bank of Canada Meeting | ||
| 4.95% | 7 Year | April 20, 2010 | ||
| 5.20% | 10 Year | |||
* Rate promotion, inquire for details
- Rates subject to change by lender without notice, OAC
- Rates for rental properties and self-employed clients may vary slightly from those above, ask for more details
