CMHC, Genworth or Canadian Guaranty Insurance Premium
Mortgage insurance insures the lender against loss in case of default by the borrower. Mortgage insurance is provided to the lender by CMHC, Genworth or Canadian Guaranty and the premium is paid by the borrower.
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| Term | Rate |
|
PRIME |
3.00% |
|
Variable |
2.79% |
|
1 Year |
2.89% |
|
3 Year |
2.99% |
|
4 Year |
3.19% |
|
5 Year |
3.29% |
|
10 Year |
3.99% |
Special conditions apply. Rates subject to change.
