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Great
Based on 1,834 reviews
June 17
Good and cooperating
Good and cooperating
Martin Casalta
June 14
Very prompt and helpful.
Very prompt and helpful.
Gillian Salkeld
June 13
It didn't take long
It didn't take long
Sylvie Vanderzeeuw
June 13
the lady i spoke to was very willing to…
the lady i spoke to was very willing to helpto
JOHN DOOLEY
June 13
good response time better rate quote
good response time better rate quote
fardeen aziz
June 13
Great work.
Great work.
Luis Alves
June 11
Jacklyn was Great!
Jacklyn was very polite and informative. She went step by step and got the best ...
EDL
June 11
Proper information
Proper information
Luis Alves
June 11
The service was amazing
The service was amazing! I was treated like I mattered from the moment our cont...
Floyd Cartner
June 10
Very quick response
Very quick response. Happy with the service.
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June 10
Broker was very helpful and kind…
Broker was very helpful and kind enjoyable experience
Dale Arthur McTavish
June 10
All questions were answered
All questions were answered, politely and in a timely manner.
Diane Hamilton
June 10
Help fullVery clear communication in a problem…
Very clear communication in a problem solving manner
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June 7
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Very quick and responsive! Keep it up...
Sharon Catubig
June 6
Highly recommended
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About variable open mortgage rates.

Get maximum flexibility with a variable open mortgage. Variable open mortgages give you the option of increasing your mortgage payments at any time, without paying a penalty to the lender — you could even pay off your entire loan all at once. You can also lock in a fixed rate if you see interest rates rising in the future.

Variable open mortgages are popular with borrowers who anticipate a near term move: the property can be sold and the loan discharged without any mortgage break fees.

Of course, variable open mortgages have a floating interest rate that changes with the prime lending rate of your bank. Your interest rate will be set at the beginning of each month, but your payments will stay constant. If interest rates decline, more of your monthly payment will be applied to your principal rather than the interest.

Compare the top variable open mortgages here at LowestRates.ca. Select a product from the rate chart above and get started.

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