Multi-prets hypotheques Chartered real estate Broker

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Today's Rates

FEB

4
2012
Term Posted rates
Variable 3.00 %* 2.90 %
1 year 5.25 % 2.79 %
3 years 4.44 % 2.79 %
5 years 5.29 % 3.14 %
*Represents the Prime Rate. Some conditions apply, subject to change without prior notice.

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Multi-Prêts is your one stop shop giving you access to more than 20 financial institutions.

How can I pay back my mortgage faster?

Most lenders offer the possibility to pay sums of money on our capital in addition to our regular payments. The amounts vary from one financial institution to another, which can represent 15% to 25% of the original mortgage loan sum. You can also in some instances, increase your monthly payments by 15% to 25%.

Another attractive option is to accelerate your payment schedule weekly or bi-weekly.

You can take advantage of either or both strategies, enabling you to pay back your capital faster and save money on interests payments.