Canadian Western Mortgage Rates & Reviews
Canadian Western Background
Canadain Western Bank is a publicly-traded financial services bank founded in 1988 and headquartered in Edmonton, Alberta. It offers retails services such as accounts, loans, mortgages, and investments along with commercial and corporate finance. The firm has over 2,400 employees and has $23 billion in assets under management.
Canadian Western Prime Rate
Canadian Western's Prime Rate is used as the basis for many of Canadian Western's lending products including variable rate mortgages, lines of credit, and HELOCs. Prime, or P, is normally combined with a spread to make up the final interest rate.
Current Canadian Western Prime Rate: 2.45%
Canadian Western Fixed-Rate Mortgages
| Term | Rate | Monthly Payment |
|---|---|---|
1-Year Fixed | 2.09% | $1,713 |
2-Year Fixed | 1.90% | $1,676 |
3-Year Fixed | 2.04% | $1,703 |
4-Year Fixed | 2.12% | $1,719 |
5-Year Fixed | 2.16% | $1,727 |
The rates shown are for insured mortgages with a down payment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.
Canadian Western Variable-Rate Mortgages
| Term | Rate | Monthly Payment |
|---|---|---|
5-Year Variable | 1.90% | $1,676 |
The rates shown are for insured mortgages with a down payment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.