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2004 National Archive

 

 
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Canadian Mortgage Rates
 
Have you received your mortgage renewal in the mail? Don't just sign the form and send it back to the lender. Over 70% of mortgage holders do just that, and what is the usual result - a higher mortgage rate and a product that might not be best suited to their needs. Choose CanEquity for the best rate mortgage renewal in Canada.

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Best Rate Renewal Inquiry
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Below is a tally of our most popular mortgage product inquiries made using our secure online application.
 
Mortgage Type Inquiries
Qualification28.32%
First-time Buyer24.54%
No Money Down13.95%
Refinance10.49%
Renewal8.22%
Purchase7.89%
Variable Rate1.95%
Equity Mortgage1.51%
Other3.14%
Last Tally: Jan 30 at 20:04:33
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Prime means "best," and this is the rate that banks charge their absolute best customers for loans. Changes in the prime rate influence changes in other rates, including variable interest rate mortgages. This rate fluctuates based on economic conditions. CanEquity Mortgage has interest rates starting at Prime less 1.00%!
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