Kitsilano Condo

Please enter a search term to begin your search.


More banks reduce mortgage rates

Three more banks have lowered their mortgage rates this week. The Canadian Imperial Bank of Commerce, Bank of Nova Scotia, and Laurentian Bank dropped their benchmark five year closed rate by 10 basis points to 5.79 percent effective Tuesday.

This move follows changes already made by bigger banks such as Royal Bank of Canada, Bank of Montreal, and the Toronto Dominion Bank.