Rate
Five Year5.95%
Variable Mortgage Rate
Key Details
Rate Hold | 90 Days (Mar 12) | |
Payment | $1866 (Customize) | |
Prepayments | 20% / 100% |
Mortgage Info
Rate Hold | 90 Days (Mar 12) |
Lump Prepayments | 20% |
Payment Increase | 100% |
Double-up Payments | No |
Permitted Loan-to-Value | Up to 95% |
Pre-approvals | Yes |
Provider Type | Bank |
Provinces Served | National |
More Details
Minimum Mortgage | Inquire |
Max Property Value | Inquire |
Open | No |
Max Amortization | 30 Years |
On Ratespy Since | May 29, 2018 |
Rate History
Last Updated | Nov 13, 2024 |
Previous Update | Jul 13, 2023 |
Prior Rate | 6.45% |
Latest Rate Change | -0.50% |
Rate ID # | 633 |
Payment Information
Mortgage Amount | |
Amortization (years) | |
Monthly Payments | |
All CIBC mortgage rates |
Rate History
How It Compares
- The 3rd-lowest 5-year variable rate as of December 12, 2024
- Ranked 17 out of 1301 rates for popularity.
Provider Notes
Check this provider's website for complete details.
Rate Notes
Please note, this is not the bank's official rate. This rate reflects RateSpy's estimate of the "discretionary rate" made available to certain well-qualified borrowers who are NOT already customers of the bank. It is based on typical industry discounts from posted rates and intelligence we gather from mortgage advisors in the field. Such estimates are subject to error and in many cases the actual rate may be higher or lower. You must confirm the actual rate directly with the bank. The update date reflects the date that this lender's posted rate last changed, which is different than the *discretionary rate* shown here. The discretionary rate you see on RateSpy may have changed after this date.
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