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Fixed Rate Open Mortgage

Guaranteed rate with full payment flexibility

Guaranteed rate with full payment flexibility.

  • Guaranteed interest rate for the term of your mortgage
  • Protection from rising rates
  • Additional payments at any time without penalty
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Our Fixed Rate Open Mortgage gives you the security of a fixed rate over the full term of your mortgage, combined with the ability to make extra payments at any time without penalty. You are protected from rising interest rates but still enjoy a competitive rate.

A fixed rate mortgage is ideal if you believe interest rates are going to go up. An open mortgage is a smart choice if you anticipate that you will have additional money (e.g. inheritance, commissions, etc.) to apply to your mortgage.

Fixed Rate Open Mortgage Details
Term 6 months or 1 year
  • Choose weekly, bi-weekly, semi-monthly or monthly payment frequency to suit your cash flow
  • Increase payment frequency or amount, or pay off your mortgage completely without penalty
Rate Locked in for the term of the mortgage
Amortization Up to 25 years (standard); longer amortizations are available - talk to your advisor
Financing Up to 80% of the value of your property (up to 95% if insured by a third party such as CMHC)


Fixed Rate Open Mortgage (Rates effective 2013-10-01) Rates
6-Month Fixed Rate Open Mortgage 6.45%
1-Year Fixed Rate Open Mortgage 6.45%

Apply now or get pre-approved for a mortgage. It couldn't be easier.

† Rates are subject to change without notice at any time. For more information visit your nearest branch or call us at 604.982.8000 or toll-free 1.888.713.6728.

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