CanEquity says it's offering the lowest mortgage rate in Canada, lower than its 3.81 per cent rate.
CanEquity says it's offering the lowest mortgage rate in Canada, lower than its 3.81 per cent rate.
To see how much you could potentially save the rate special savings calculator on its site lets homebuyers enter the value of their desired mortgage, the five-year rate of a competitor of their choosing and compare it with the 3.81 per cent CanEquity rate. According to CanEquity, the savings rate is less than that.
The savings calculator deducts a one-time administration fee that CanEquity reinstated in order to offer a rate this low, but the savings the consumer will make over a five-year term is still comparably worthwhile.
