Product Name | President's Choice Financial Fixed Rate Mortgage |
Available In | Canada (All Provinces except Québec) |
Offered By | President's Choice Financial |
Product Page | President's Choice Financial Fixed Rate Mortgage |
2 Year | 3.09% 2 Year Increased from 3.04% to 3.09% on October 21, 2017
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3 Year | 3.49% 3 Year Increased from 3.34% to 3.49% on September 9, 2017
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4 Year | 4.09% 4 Year Increased from 3.99% to 4.09% on September 9, 2017
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5 Year | 4.54% 5 Year Increased from 4.44% to 4.54% on September 9, 2017
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6 Year | 4.72% 6 Year Increased from 4.62% to 4.72% on September 9, 2017
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7 Year | 4.89% 7 Year Increased from 4.79% to 4.89% on September 9, 2017
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10 Year | 5.8% 10 Year Increased from 5.7% to 5.8% on September 9, 2017
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Max Annual Lump Sum Prepayment | 20% |
Max Annual Increase to Regular Payments | 25% |
Amortization Periods | Up to 30 years |
Payment Schedules | Weekly, bi-weekly, monthly, and semi-monthly. |
Rate Hold | 120 days |
Additional Notes | Can skip one regular mortgage payment each year if you have a clean repayment history for the past six months and the home is occupied by the owner (other conditions apply) |