Welcome to Canadian Mortgage Finders!

We Make Mortgage Shopping Easy

December 7, 2023
1 Year Closed : 6.79 %
3 Year Closed : 5.84 %
5 Year Closed : 5.24 %
Mortgage Renewal
Top 10 Questions
Rev Mtg Info
Apply Online
Rate Club

We have the latest tools and information to help educate and empower you to make intelligent mortgage choices

Have a look around and then contact us for a free, no obligation mortgage review or initial consultation

October 27, 2022. We knew it was coming. The Bank of Canada increased the Bank of Canada rate by another 1/2% this week, and this will push the prime lending rate at Canadian Banks from 5.45% to 5.95% and that will directly affect those home owners with variable rate mortgages and secured lines of credit. We will have to wait a couple of days to see if the bond market follows and that could push fixed rate mortgages even higher. Between now and the end of the year, The Bank of Canada has one additionally scheduled rate announcement and it is widely believed that the next announcement could bring another 1/2 to 3/5% increase. These increases are intended to slow down inflation and that could take up to a year for us to see whether these increases have done the job.



We specialize in reverse mortgages, click the graphic below to learn more:

* Reason for Inquiry
First Name
Last Name
*Location (City)
* Email

Home | Tax Deductible Mtg | Mortgage Renewal | Client Stories | Reverse Mtg Webinar | Top 10 Questions | Free Report | Privacy | B | Rev Mtg Info | Apply Online | Calculators | About Us |Rates | Links | Rate Club | Contact Us | Privacy Policy

© 2023 www.canadianmortgagefinders.com   604-818-2840    105 - 1385 West 8th Ave Vancouver , BC., V6H 3V9

A proud member of TMG The Mortgage Group Canada Inc.