Historically, mortgagors have been better off with variable mortgage rates rather than a fixed rate mortgage. Variable rates offer flexibility with the availability to lock in any time or pay-out with only 3 months interest penalty. Consult an Accredited Mortgage Professional (AMP) to find the mortgage term to best meet your needs.Updated: August 28, 2020
Rates are subject to change without notice. All rates are subject to borrower qualification.