Our Mortgages |
Compare Mortgage Rates |
Our Mortgage Rates |
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Compare Bank Mortgage Rates
Please click on the logos below to compare the current mortgage rates page of the corresponding lender:
Current Mortgage Rates with Verico Mortgage Options Ltd.
Prime Rate |
2.25% |
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Term |
Variable |
1 Year |
2 Year |
3 Year |
4 Year |
5 year |
7 Year |
10 Year |
|
Our Rates * |
1.85% |
2.60% |
2.90% |
3.24% |
3.64% |
3.74% |
4.85% |
5.10% |
|
Posted Bank Rates |
2.25% |
3.65% |
3.95% |
4.30% |
5.04% |
5.39% |
6.60% |
6.70% |
|
Savings % |
0.40% |
1.05% |
1.05% |
1.06% |
1.40% |
1.65% |
1.75% |
1.60% |
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Saving per term ** |
$1029.21 |
$2042.68 |
$3073.42 |
$5390.97 |
$7904.10 | $11724.80 |
$15078.95 |
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Trending vs. last change |
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The interest rates posted herein are updated daily.
*These mortgage rates are updated often to reflect any changes from our lenders, however we apologize in advance if a product or special has been changed without our knowledge. We will not advertise rates which are only available in certain markets however some products do have special requirements which may disqualify some applicants. Due to the competitive nature of our lender network however, we should be able to get you something very similar should this occur.
**The savings amount above, our rates vs the banks rates, are based on a $100,000 mortgage with a 25 year amortization. For every hundred thousand dollar increase simply multiply the savings by that number for your specific savings (ie $350,000 would be a multiplier of 3.5). The amount will not be exact but it will give you a very close estimate within a few dollars but please note that although we have taken great care in calculating these numbers we cannot guarantee the accuracy.
Compare Mortgage Rates
Shopping for a mortgage can be a daunting task. For many homeowners, the thought of committing to a mortgage lender and a specific interest rate for 5 years is a big commitment, especially if you don't know if you are getting a good deal. Here at Verico Mortgage Options Ltd. we wanted to make the process of comparing mortgage rates just a little easier for you by posting the websites of Canada's big banks to allow you to compare mortgage rates right here. Of course we have added a link to our lowest mortgage rates page as well so you can see how our mortgage rates compare.
If you see an advertised rate on any of these lenders websites that is lower than our best rate mortgages you see posted with Verico Mortgage Options Ltd., we will get you that product with that lender, or a similar product with the same best rate mortgage through another lender; that is our guarantee to you!
Comparing mortgage rates is usually pretty straight forward, however some mortgage rates can be difficult to compare due to the fact that they are not fixed or locked into a specific rate. If you are looking for a variable or adjustable rate mortgage, it is best to consult with one of our licensed mortgage brokers. Our licensed mortgage brokers can explain to you the differences these mortgage products have and what impact the differences can have on your mortgage savings.
When you work with one of our mortgage brokers, we make sure that the mortgage contains all the necessary privileges that you need with certain products, as the best mortgage rate today may not be a such a good deal tomorrow.
Mortgage Brokers
Call one of our Mortgage Brokers today, or apply online for a Free Pre-Approval today.
