CMLS Mortgage Rates

Mortgage Rates

1 Year

2.79%

2 Year

2.24%

3 Year

2.19%

4 Year

2.24%

5 Year Fixed

2.24%

5 Year ARM

Prime P-.35

3.95%

7 Year

3.24%

10 Year

3.24%

CMLS mortgage rates are all about aiding Canadian homebuyers to achieve their dream of owning a home of their own. It does not really matter whether you’re buying a new home or a second home, renewing or refinancing, upsizing or downsizing, there is a mortgage solution for all your homeownership needs. There is a plethora of home financing products here at CMLS that provide flexible payment options that suit your lifestyle needs. As borrowers you get multiple payment options including prepayment privileges and the lowest bank mortgage rates in Canada.

If you have any doubts about the rates offered by CMLS then our experienced team of licensed professionals can help compare mortgages rates from banks to ensure that you always get the best. CMLS mortgages also allow customers to make upfront lump sum payments which means, that a borrower can pay up to an additional 20% of the principal amount at the end of every year of the mortgage without any penalty. Contact us today to understand the cost-effective ways of borrowing and avoid any unexpected expenses with a simple, straightforward and transparent mortgaging experience.

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First Mortgage
First time mortgage doesn’t mean only the first home home that you buy. It can also mean the primary lien on the property you are planning to buy. It’s not about the level of home buying but the property itself. The term mortgage is a security for the lender.