Current Mortgage Rates and Mortgage Renewal Rates

Are you ready to renew your mortgage, or do you have questions about mortgage renewal options? With most homeowners facing renewals in the next 12-24 months, it’s essential to be prepared! When your mortgage approaches renewal, your lender will send you a letter advising you to renew your loan. Don’t decide without exploring all your mortgage renewal options, whether fixed-rate or variable-rate mortgages. Call a Sunlite Mortgage agent before returning your renewal to ensure you secure the best deal available!

Below, you’ll find this week’s updated mortgage rates to help you stay informed and assist your clients effectively. As your dedicated mortgage broker, I’m here to address any questions or concerns you may have about mortgage renewal. Let’s work together to achieve success for you and your clients! #MortgageRenewal #FixedRateMortgage #VariableRateMortgage #MortgageRate

Term

Bank Rates

OUR RATES

Fixed 1 Year 7.84% 6.79 %
Fixed 2 Years 7.34% 6.14 %
Fixed 3 Years 6.99% 5.14 %
Fixed 4 Years 6.79% 5.24%
Fixed 5 Years 6.84% 4.94%
Fixed 7 Years 7.10% 6.34 %
Fixed 10 Years 7.25% 6.44 %
5 Years Variable 7.25 % 6.30%
Prime Rate 7.35% 7.20 %

The information provided on our mortgage rate page is for informational purposes only. Rates are subject to change without notice.

* Condition applies