Rate
Five Year6.70%
Variable Mortgage Rate
Key Details
Rate Hold | 90 Days (Dec 31) | |
Payment | $1866 (Customize) | |
Prepayments | 20% / 100% |
Mortgage Info
Rate Hold | 90 Days (Dec 31) |
Lump Prepayments | 20% |
Payment Increase | 100% |
Double-up Payments | No |
Permitted Loan-to-Value | Up to 80% |
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 | February 10, 2021 |
Rate History
Last Updated | Jul 13, 2023 |
Previous Update | Jun 12, 2023 |
Prior Rate | 6.75% |
Latest Rate Change | -0.05% |
Rate ID # | 643 |
Payment Information
Mortgage Amount | |
Amortization (years) | |
Monthly Payments | |
All CIBC mortgage rates |
Rate History
How It Compares
- The lowest 5-year variable rate as of October 02, 2023
Provider Notes
Check this provider's website for complete details.
Rate Notes
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 Offer may be changed, withdrawn or extended at any time, without notice.
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