With the bank of Canada rate cuts last week, Scotiabank has updated their rates and introduced a promotion on their Scotia Fixed 10-year fixed-rate mortgage program at 5.25% for the length of the term. That's a great fixed rate and you won't have to worry about the your monthly payments changing for 10 whole years. A quick comparison with our mortgage tables courtesy of FiscalAgents.com and you'll see the rate is significantly lower than any of their competitors, a full 1.1% lower than it's nearest competitor.
If that's too long a commitment for you, Scotiabank also has a Save Now, Save Later, 1-year fixed rate mortgage with a 3.25% rate for 1-year and if you choose to lock in within that year you'll save 1.25% off the posted 5-year rate.
Find more Canadian deals at RedFlagDeals.com
If that's too long a commitment for you, Scotiabank also has a Save Now, Save Later, 1-year fixed rate mortgage with a 3.25% rate for 1-year and if you choose to lock in within that year you'll save 1.25% off the posted 5-year rate.
Find more Canadian deals at RedFlagDeals.com
