CIBC Mortgage Rates

CIBC is a leading Canadian based financial institution. Through three main business units retail and business banking, wealth management and capital markets, CIBC provides a full suite of financial products and services in Canada and around the world.

Retail and business banking provides personal and business clients across Canada with financial advice, products and services. CIBC is focused on being the number one retail and business bank in Canada in client experience and profitable revenue growth. To deliver on their objectives, they are making banking easy, personalized, and flexible. This will support us in deepening client relationships, and acquiring and retaining clients.

CIBC Mortgage Rates

CIBC mortgage rates include fixed and variable rates for a number of different lengths of terms and products including new purchases, first time home buyers, second home properties, investment or rental properties, and more.

CIBC Mortgage Products

  • Fixed and Variable Rate Mortgages
  • CIBC Home Power Mortgage
  • Home Power Plan Borrowing Solution
  • CIBC Cash Back Mortgage
  • CIBC Wealth Builder Mortgage

CIBC Mortgage Options

  • Payment Options: Weekly, Bi-Weekly, Semi-Monthly, and Monthly
  • Terms: 6 Month, 1, 2, 3, 4, 5, 7 and 10 Year Fixed and 3 & 5 Year Variable
  • Amortization: Up to 30 years Conventional and 25 Years Insured
  • Loan to Value: Up to 80% Conventional or 95% Insured

  • Prepayment: 10% Lump Sum Payment and Double Up Payments

Mortgage Inquiry

Complete the Online Application or Contact Our Team to Discuss Your Mortgage Financing Needs

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Toll Free

Toll Free: 1-800-770-7075


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  • Canada's Big 5 Banks All Raise Interest Rates

Canada’s Big 5 Banks All Raise Interest Rates

September 11th, 2017|0 Comments

Bank of Montreal, CIBC, Royal Bank of Canada, TD Bank and Scotiabank all announced they are raising their prime lending rate to 3.2 per cent, from 2.95 per cent, increasing rates by the same 0.25 percentage points as the Bank of Canada. Borrowers who have variable rate mortgages will feel the impact immediately, with more of their payments going to cover interest. And in the longer term, those looking [...]

  • CIBC Mortgage Balances Rise

CIBC Mortgage Balances Rise

August 24th, 2017|0 Comments

Canadian Imperial Bank of Commerce’s pace of mortgage growth shows no signs of slowing. Average mortgage balances at the country’s fifth-largest lender by assets soared 13 percent in fiscal third quarter, the biggest year-over-year increase since 2007. CIBC has been an outlier among Canada’s largest lenders recently for the rate at which its home loan portfolio has expanded. The Toronto-based bank has pointed to a decision to beef up its [...]

  • CIBC Rebranding PC Financial as Simplii

CIBC Rebranding PC Financial as Simplii

August 18th, 2017|0 Comments

President's Choice is getting out of the daily banking business and more than two million current PC Financial customers are moving to CIBC, which will rebrand the bank as Simplii. The two companies announced the end of their almost 20-year collaboration on Wednesday, as Loblaw says it will retain its loyalty point program and MasterCard-branded credit card program, while all daily chequing, savings, lending and other banking services will move [...]