CIBC Mortgage Rates

Hi Greg & Colin!


Great to see you yesterday and thanks for the flowers etc.  There really is no need to do that – I enjoy doing business with both of you – you make things seamless and easy!


I wanted to let you know that rates did go down last week!  Some important dates and offerings that you clients might be interested in!


1)     Just a reminder that on May 1, 2014 CMHC will be increasing the premiums on insured mortgages.  If you client has a closing date prior to May 1, 2014 they will not be affected. 

2)     CIBC has relaunched it’s SPRING CASH BACK OFFER – what a great program for your clients who need some extra cash when purchasing a property – perhaps for new furniture, to pay down some debts or their mortgage, pay their property taxes, whatever they choose – the great news is that they can get 1%, 2% or 3% cash back (based on their mortgage amount) and it’s all after tax dollars deposited right into their bank account!!!


CIBC Rates as of today:


2.79%   1 Yr Fixed Closed

2.54%   2 yr fixed closed

2.80%   3 yr fixed closed

3.14%   4 yr fixed closed

3.14%   5 yr fixed closed


2.50%   5 yr Variable Flex (Prime – 0.50%)

*rates are subject to change


Please let me know if I can be of assistance to you or any of your clients!






Mortgage Advisor

Retail and Business Banking

CIBC Mortgage Advisor Channel

p  604-970-9559

f  1 877-281-8521

Toll Free: 1-866-810-9117

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