CIBC Mortgage
is one of Canada's top lenders
and features fixed rates,
variable rates and open mortgages.
Mortgage products include
discounted fixed rates for 1 to
5, 7, or 10 year terms. Variable
rate mortgages are for a 5 year
term.
CIBC Mortgage Rates
On applying, CIBC Mortgage
will guarantee your
fixed rate for 120 days. If
rates fall during the rate
guarantee period, you will be
given the lower rate.
Payment
Frequencies
You can select from monthly,
semi-monthly, weekly, bi-weekly,
as well as accelerated weekly
and bi-weekly payment options.
The more frequently you pay, the
more you could save.
Portable &
Assumable
Built in flexibility that
will help you adjust to changes
in your life. Should you decide
to move, you can rest easy that
your mortgage is portable and assumable. If you
decide to sell your home, you
can either take your mortgage
with you (port) or give your
buyer the opportunity to take it
over (assume) – penalty free, at
your current rate, term and loan
amount. |
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