Fixed rate mortgages
Enjoy the security and peace of mind of a locked-in interest rate that won’t change over the length of the term. Your payments are set and won’t change which is ideal if you have a set budget and want to understand exactly how much your payments will be.
Variable rate mortgages
Stay flexible and pay down your mortgage faster with the possible savings from a floating rate. Take advantage of set payments for the length of the term but with a potentially fluctuating interest rate. As interest rates rise, more of your payment goes to paying interest. As rates decrease, more of your payment goes to paying down principal.
HOMEWORKS®
Turn your home equity into a flexible tool you can use to pay off debt, grow your investments, save or spend, all while reducing your interest charges. Mix and match HOMEWORKS® with other banking products, split your mortgage between variable and fixed rates, or customize it to meet your current needs. Learn more from our experts about a home equity line of credit (HELOC). You can use it anytime, it gives you access to credit at a low interest rate, and you can repay at your own pace.