Current Rates
Todays Prime:2.45  
TermBroker Bank
6 Month: 4.25 4.25
1 Year: 2.54 2.79
2 Year: 2.24 2.89
3 Year: 2.24 3.49
4 Year: 2.24 3.89
5 Year: 1.89 4.79
6 Year: N/A N/A
7 Year: 3.08 5.29
10 Year: 3.53 5.69
   
No Down: N/A N/A
Variable 1: 1.30 N/A
Local: 1 - 403 - 313 - 0606
Toll Free: 1 - 877 - 699 - 0719
Updated: Oct 25, 2021

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Second Mortgage

Sometime a second mortgage is a good option. A second mortgage enables you to have that extra cash that you may need and does not interfere with your first mortgage. It is usually taken for a shorter period of time giving you the option to pay it off quicker, should you choose.

Another option might be an interest only equity line Visa OR a home equity line of credit (HELOC).

Talk to your mortgage broker at Western Canada Mortgage to determine which option is best for you.

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