You can choose a fixed or variable rate for your mortgage, at the beginning of the loan or when it’s up for renewal.

What’s the difference between a fixed and variable rate?

• A fixed rate stays the same for the duration of your term. Your payment amount won’t change.
  
• A variable rate fluctuates with increases or decreases in the policy interest rate. Your interest rate and payment amount can go up or down during your term.
  

Should I choose a fixed or variable rate for my mortgage?

To choose the rate that best corresponds to your needs:

• Discuss your project with one of our mortgage advisors. 
  
• Contact us to discuss your mortgage renewal.
  

There are several financing options available:

• A fixed or variable rate mortgage, or a combination of both. 
  
• An All-In-One mortgage combines a loan and a line of credit.
  

Want to learn more?

• Discover our solutions for your mortgage financing.
  
• Read our article on the difference between a fixed and variable rate.
  
• Learn more about fixed rate mortgages.
  
• Learn more about variable rate mortgages.