Tag Archive: mortgage deals

Meridian Credit Union likes to shake things up every spring. For a few years now, it’s been releasing eye-popping mortgage specials during peak homebuying season, and this year is no different. The credit union, Ontario’s largest, just launched a 1.98% 2-year fixed that incinerates competing offers. How crazy is this rate? It is no less than 127 basis points below...

BMO is now luring 5-year fixed borrowers with 1% cash back. If you get a $400,000 five-year BMO mortgage, that’s $4k in your pocket. In fact, the bank will rebate up to $30,000 if you qualify and your mortgage is big enough. The catch: you need to pay the mortgage from a BMO chequing account. If you don’t have one,...