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Home > Residential Mortgages > Rates
Rates
These are MCAP's posted residential rates for new business on Prime "A" qualified mortgages. Actual rates committed to qualified borrowers may differ. Please contact MCAP at the link below to learn more. Rates are subject to change without notice.
Effective Date: Friday July 23, 2010
| Term | Rate | | MCAP Prime Rate | 2.75%
| | BMO Prime Rate | 2.75%
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| Term | Posted Rate | | 6 month convertible | 4.75%
| | 1 year open | 6.45%
| | 1 year closed | 3.50%
| | 2 year closed | 3.85%
| | 3 year closed | 4.40%
| | 4 year closed | 5.44%
| | 5 year closed* | 5.79%
| | 7 year closed | 6.70%
| | 10 year closed | 6.80%
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| Term | Best Rate | | VIP M-Power (5 Year)* | 2.25%
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| Term | Posted Rate | | 3 year closed | 4.40%
| | 4 year closed | 5.44%
| | 5 year closed* | 5.79%
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| Term | Posted Rate | | 5 year closed* | 5.79%
| | VIP M-Power (5 Year)* | 2.25%
| | VIP M-Power Value Mortgage | 2.10%
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| Term | Posted Rate | | 3 year closed | 4.40%
| | 4 year closed | 5.44%
| | 5 year closed* | 5.79%
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| Term | Best Rate | | VIP M-Power* | 2.25%
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