CityCan’s Lowest Mortgage Rates Effective July 14th, 2017
- 1 Year Fixed
- 2 Year
- 3 Year
- 4 Year
- 5 Year
- 7 Year
- 10 Year
5 YEAR VARIABLE RATE – 2.00% (prime – 0.95%)
HELOC (Home Equity Line Of Credit) – 3.45% (prime +0.50%)
Rates listed are for high ratio (less than 20% down payment/equity) mortgages only. Due to new mortgage regulations announced in October, 2016, the rates can fluctuate depending on down payment / equity, property value, and type of transaction (purchase, refinance, etc). The rates listed above will not be available for all situations.
Prime rate has increased to 2.95% following the July 12th, 2017 rate announcement. The next interest rate announcement by the Bank of Canada will be Sept 7th, 2017.
*mortgage rates may change at any time without notice
At CityCan Financial Corporation, we have placed over 30,000 mortgages and have been established in Toronto for over 40 years. Our group of mortgage specialists have extensive experience in arranging the mortgage financing you need.
At CityCan Financial, not only can we help you out in shopping for the lowest mortgage rates, but we can also help you out with any of the following situations:
- Bank turn downs
- Amortization up to 30 years (with 20% down), up to 25 years with less
- Weak credit
- Non-qualifying income
- New to Canada
- Self employed
- Debt consolidation
- Residential and commercial
- 1st & 2nd mortgage