Xperto’s Rate of the Day
* Some conditions may apply. Subject to change without notice. Rates may vary depending on amount borrowed, collateral offered or other factors. Contact your Mortgage Broker at Xperto Laval for more information.
Interest Rate:What is best for you?
Do you want to pay small or large monthly payments? What is your tolerance for risk and market fluctuations? Whatever your needs are, several mortgage options are available to you.
RESIDENTIAL FIXED RATE
This rate will not fluctuate with changing market conditions during the term. The fixed rate residential mortgage can be open or closed.
CLOSED FIXED RATE
Perfect for you if:
- You are worried about rising markets and want to protect yourself.
- Risk and market fluctuations make you nervous.
- You want to pay the same amount each month of your term.
- You do not think you will be able to make early repayments.
- You intend to keep your property in the medium or long-term.
OPEN FIXED RATE
Perfect for you if:
- You are thinking of selling your property soon after buying it.
- You think you will be able to make early repayments of more than 20% of the value of your mortgage.
- You still want to pay the same amount each month of your term.
RESIDENTIAL VARIABLE RATE
This rate will vary depending on market conditions and your payments will vary according to prevailing rates.
Perfect for you if:
- You anticipate a drop in interest rates and seize the opportunity.
- You are comfortable with market fluctuations.
- vous pouvez vous permettre de voir vos mensualités augmenter advenant une hausse des taux d’intérêt.You can afford to see your monthly payments increase should interest rates rise.
Get the best interest rate for your mortgage with your broker
Do not make the mistake of doing business directly with your bank! The advantage of seeking the services of a mortgage broker is that we have the power to “shop around” for the best rate and mortgage terms among several financial institutions. In comparison, your bank only offers its own products. You have greater bargaining power than you think! The best mortgage rate is for you! Ah yes! The services of our mortgage brokers are completely free! Learn more here.