Current Rates
Todays Prime:3.70  
TermBroker Bank
6 Month: 4.75 4.75
1 Year: 4.54 4.79
2 Year: 5.04 5.34
3 Year: 5.14 5.44
4 Year: 5.24 5.64
5 Year: 4.59 5.84
6 Year: N/A N/A
7 Year: 5.84 6.14
10 Year: 6.13 6.54
   
No Down: N/A N/A
Variable 1: 2.80 N/A
Local: 1 - 403 - 313 - 0606
Toll Free: 1 - 877 - 699 - 0719
Updated: Jul 11, 2022

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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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