April 2021 Mortgage rate

April 2021 Mortgage rate
The market is still very hot with people over bidding and properties having multiple offers. We also heard Bank of Canada's announcement confirming that they will not be increasing rates until January 2023. If this continues, prices will continue to go up due to the low rates.

Things are definitely getting busy around here with spring around the corner but we're looking forward to better weather and sunnier days!


Banks and credit unions

5 yr variable starting at 1.35%
5 yr fixed starting at 2.14%


Starting at 2.54% + 1% fee

Private lenders

Starting at 4.95% + 2% fee.

*Rates may change without notice. Subject to approval.


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