|Rate Hold||90 Days (Dec 21)
The length of time that the lender will guarantee the rate. If you don't close by the date in parentheses, the rate is subject to change.
|Permitted Loan-to-Value||80.01% to 95%|
|Max Property Value||$1,000,000.00|
|Max Amortization||25 Years|
|On Ratespy Since||August 05, 2020|
|Last Updated||Sep 09, 2020|
|Previous Update||Aug 08, 2020|
|Latest Rate Change||-0.10%|
|Rate ID #||6438|
All CIBC mortgage rates
How It Compares
This rate is:
- The 20th-lowest 5-year fixed rate as of September 22, 2020
- Ranked 62 out of 2930 rates for popularity.
Check this provider's website for complete details.
This is the bank's official special offer rate. Lower discretionary rates may be available to well-qualified borrowers.
Special offers apply to new mortgages only. Rates shown for the applicable term are CIBC?s special discounted rates and aren?t posted rates of CIBC. Offer may be changed, withdrawn or extended at any time, without notice.
The Annual Percentage Rate (APR) is based on a new $275,000 mortgage for the applicable term and a 25-year amortization assuming a Property Valuation Fee of $300.
APR means the cost of borrowing for a loan expressed as an interest rate. It includes all interest and non-interest charges associated with the mortgage. If there are no non-interest charges, the annual interest rate and APR will be the same.
RateSpy does not see or store your contact information or personal information when you inquire about a rate. The information you enter goes directly to the lender. Mortgage rates listed are subject to change at any time and apply to those with approved credit. Please contact the mortgage provider directly for more information.