Q:

What mortgage rates are offered by CIBC bank?

A:

Quick Answer

As of March 2015 the mortgage rates offered by CIBC Bank begin at 1.99 percent and can go as high as 6.70 percent. However, the mortgage rate offered to a specific customer varies based on factors including the type of mortgage and the customer's credit history.

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Full Answer

CIBC Bank offers a wide variety of mortgage products designed to meet consumers' specific needs. These options include the variable-rate open mortgage, the variable flex mortgage and the convertible mortgage. Customers can also select a fixed-rate closed mortgage or a fixed-rate open mortgage. Refinancing options that include cash back are also available to qualified homeowners.

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