CIBC Mortgage Rates

TORONTO — CIBC has become the latest among the big Canadian banks to increase some of its mortgage rates. The bank (TSX:CM) said Tuesday that it had raised its special offer, three-year fixed rate by.

“CIBC Private Wealth Management” consists of services provided by CIBC and certain of its subsidiaries, through CIBC private banking; cibc private Investment Counsel, a division of CIBC Asset Management Inc. (“CAM”); CIBC Trust Corporation; and CIBC Wood Gundy, a division of CIBC.

Commercial real estate products and services offered by CIBC Bank USA and CIBC Inc. CIBC Capital Markets is a trademark brand name under which CIBC and some of its subsidiaries, including cibc world markets Inc., CIBC World Markets Corp. and CIBC Bank USA, provide different products and services.

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The annual percentage rate (APR) is based on a $ 250,000 mortgage for the applicable term assuming a processing fee of $250 (which includes fees associated with determining the value of the property). If there are no cost of borrowing charges, the APR and the interest rate will be the same.

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Mortgage advice that fits your life. We understand how busy your schedule is, that’s why CIBC Mobile Mortgage Advisors will come meet you at a time and place that’s convenient. Get personalized mortgage advice at no cost, with no obligation. Find out how much you can afford to spend on a house and get the right mortgage for you, at a great.

Explore personal banking solutions that fit your needs. CIBC U.S. offers checking, savings, mortgage, retirement, lending, EasyPath Banking, Traditions Club, health savings account and Private Banking services. We provide personal finance calculators to simplify important decisions.

Lower rates = huge savings. Shopping around for a mortgage can save you big money in Alberta. This year, our 5-year fixed rates in Alberta are averaging less than 2.5%, while the same bank-posted rates average well over 4%. On a $400,000 mortgage, that difference in rates would result in more than $100,000 of savings over the life of your loan.

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