Mortgage Rates

Special Offer Mortgage Rates cannot be combined with any other mortgage offer.



Special Offer Mortgage Rates apply to new, refinanced or renewed mortgages for primary residences and cottages; excludes rental and commercial properties. All new mortgages (purchased or transferred-in) must be at least $200,000 and are subject to credit approval.

Rates subject to change without notice.

This offer is subject to change or cancellation without notice at the sole discretion of Cambrian Credit Union.

What is the difference between a Fixed Rate and Variable Rate Mortgage?


With a Fixed Rate Mortgage, the interest rate and mortgage payment will not change for the term of the mortgage. 


With a Variable Rate Mortgage, the interest rate will fluctuate as market rates go up or down. Learn more here.

The 5 Year Variable Closed Mortgage has a variable interest rate, meaning the rate can fluctuate up or down with changes in the economic/market conditions. Your payment amount may change depending on the changes in interest.

The Cambrian Variable Closed Mortgage typically has a lower interest rate than the Variable Open Mortgage.

The 5-year term can be paid out prior to maturity, however a 3-month interest penalty will apply.

The Variable Open Mortgage rate is variable, meaning that it can fluctuate up or down with the changes in economic conditions/market environment. Your payment amount may change depending on the changes in interest rates.

Cambrian Variable Open Mortgage has no specific term and can be paid out at any time without penalty.

Lock in this rate for up to 4 months! Get our Best Rate Guarantee in one easy step. All you have to do is complete a Cambrian mortgage application.