Variable Rate Mortgages

The variable rate mortgage is a 5-year closed mortgage term linked to the current prime rate. If Prime goes down, so does your mortgage rate. This allows members to take advantage of dropping rates while having the option to lock into a fixed rate for the duration of the term at any time during the 5-years.

Effective May 2, 2008

Variable Rate (5 year term)4.50%

benefit from dropping interest rates and lock in at any time