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Mortgage Rates

TERM TYPE APR*
Prime Rate 7.20
1 Year Closed 6.64% 6.846%
2 Year Closed 6.24% 6.422%
3 Year Closed 5.44% 5.578%
4 Year Closed 5.49% 5.630%
5 Year Closed 5.04% 5.158%
7 Year Closed 5.80% 5.957%
10 Year Closed 6.20% 6.379%
Variable Rate Mtge Closed 6.25% (P-0.95%) 6.432%

Additional Information

Lower Rate Mortgage products may not be equal in features to other products with higher interest rates. Interest rates above are subject to change without notice. May require minimum mortgage balance of $50,000 or more and offered OAC. E. & O.E.

*APR based on a $100,000 mortgage over 25 years.

*The APR is the interest costs, plus the non-interest costs incurred to obtain the loan (not including value received items as outlined in the disclosure) expressed as a percentage of the average balance of the loan over the term. It is not the contract rate in the loan, which is used to calculate interest on the loan.

For the best up-to-the-minute mortgage rates and features,

Call: (250) 374-2222 or Toll Free 1 (877) 574-3426. E-Mail us: admin@mortgagewest.ca

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