3.59% Bank of Montreal
November 21
Rate hold The rate hold is the time period, between 30-120 days, before your mortgage renewal date you are able to lock in the current mortgage rate. If rates go down further within this period, however, many lenders will honour the lower rate. Hold until
Prepayment Prepayment options outline the flexibility you have to increase your monthly mortgage payments or make a lump sum outlay against your mortgage as a whole. According to the Canadian Association of Accredited Mortgage Professionals (CAAMP), 28% of mortgage holders used one or both prepayment privileges in 2010. Monthly Prepayment
Lump sum pre-payment
Pre-approval application
Click below to fill out a pre-approval application on the provider's site and connect with one of their mortgage agents.