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The Lowest Rate Mortgage in Surrey, White Rock & Langley at MortgageByDarren.com

The Lowest Rate Mortgage in Surrey, White Rock & Langley at MortgageByDarren.com

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August 13, 2020

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Need Alternative Financing?

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Todays Best Rates

Mortgage Term	Rate
BOC Prime	2.70%
5 Year Variable	2.30%
2 Year Fixed	2. 34%
3 Year Fixed	2.44%
4 Year Fixed	2.69%
5 Year Fixed (<20% dp)	2.79%
5 Year Fixed (>20% dp)	2.89%
5 Year Fixed (rental)	+.25%
10 Year Fixed	3.79%
BOC Qualifying Rate	4.64%

* 120 Day Rate Hold
* OAC Rates Subject to Change

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Mortgage Insurance Premiums

Effective March 17th, CMHC’s mortgage loan insurance premium rates will be increasing.
Here is the premium schedule.

Loan-to-Value Ratio	Mar 17, 2017
Up to & including 65%	0.60%
Up to & including 75%	1.70%
Up to & including 80%	2.40%
Up to & including 85%	2.80%
Up to & including 90%	3.10%
Up to & including 95%	4.00%
90.01% – 95% (non traditional dp)	4.50%
For a comparison Click Here

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MortgageByDarren.com
Darren Popoff, Mortgage Broker
M: 604-818-9262
E: darren@mortgagebydarren.com

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