Finances & Real Estate Coast Capital - 2.95% 4 Year Fixed Closed Mortage

I think this is to compete with BMO's 2.99% 5 year promotion.

https://www.coastcapitalsavings.com/Personal/Borrowing/Mortgages/Closed_Fixed_Rate_Mortgage/

 

I just got a 4 yr 2.99% from TD. The BMO is lowers, but less flexible.
People should look at all parts of the mortgage and decide what's best for them based on that.

Also just heard this morning that all banks are likely raising there rates soon. Good time to lock one up if you're been thinking about it.

 

Is any bank still offering 2.99% 4 or 5 years?

 

^I think they've all raised their rates, at least officially. There are some reports of TD still offering 2.99% if you ask but YMMV.

 

Promo is back at BMO and Coast Capital, other banks will likely follow suit.