Rate
Seven Year2.53%
Fixed Mortgage Rate
Key Details
Rate Hold | 90 Days (May 27) | |
Payment | $1866 (Customize) | |
Prepayments | 10% / 100% |
Mortgage Info
Rate Hold | 90 Days (May 27) |
Lump Prepayments | 10% |
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 | Oct 20, 2020 |
Previous Update | -- |
Prior Rate | 2.61% |
Latest Rate Change | -0.08% |
Rate ID # | 641 |
Payment Information
Mortgage Amount | |
Amortization (years) | |
Monthly Payments | |
All CIBC mortgage rates |
Rate History
How It Compares
- The 13th-lowest 7-year fixed rate as of February 26, 2021
- Ranked 279 out of 2870 rates for popularity.
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 are not posted rates of CIBC. Offer may be changed, withdrawn or extended at any time, without notice. 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 $250. Rates shown for the applicable term are CIBC?s special discounted rates and are not posted rates of CIBC. Offer may be changed, withdrawn or extended at any time, without notice. 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.