What is a fixed rate mortgage?

Learn more about fixed rate mortgages.

Options for CIBC fixed rate mortgages

A fixed, competitive rate:

CIBC Fixed Rate Closed Mortgage

Worried about changing interest rates? Choose a fixed rate closed mortgage for consistent interest payments over your mortgage term.

Learn more about CIBC Fixed Rate Closed Mortgages.

Terms
1, 2, 3, 4, 5, 7 or 10 year closed

High-ratio mortgage

5-year fixed closed
RDS%rate[5].MICRO.Published(5_null_null_Years_T,null,18,null)(#O2#)%

Special offer1 for 5-year
 RDS%rate[5].FRCM.Published(5_null_null_Years_T,null,18,null)(#O2#)% (APR RDS%rate[5].FRCM.Published(5_null_null_Years_T,null,2,null)(#O2#)%) 

Special offer for 7-year
 RDS%rate[5].FRCM.rate(7_null_null_Years_T,null,18,null)(#R#)% (RDS%rate[5].FRCM.Published(7_null_null_Years_T,null,2,null)(#O2#)% APR)

Check current rates

Unlimited prepayment options:

CIBC Fixed-Rate Open Mortgage

Get the security of a fixed interest rate and the flexibility to pay off as much of your mortgage as you want, when you want.

Learn more about CIBC Fixed-Rate Open Mortgages.

Flexibility to change mortgages:

CIBC Convertible Mortgage 

Get a short-term closed mortgage with a fixed interest rate and the flexibility to convert to a long-term closed mortgage at any time.

Learn more about CIBC Convertible Mortgages.

Learn more about CIBC mortgage resources

Mortgage affordability calculator

Get an estimate on a price range that fits your budget, along with mortgage details.

Learn more about our mortgage affordability calculator.

Mortgage payment calculator

Find out how changing your payment frequency and making prepayments can save you money.

Learn more about our mortgage affordability calculator.

Home equity calculator

Calculate out how much you may qualify to borrow through a mortgage or line of credit.

Learn more about our mortgage affordability calculator.

Your fixed rate mortgage questions answered