Residential Mortgage Rates

These are MCAP's posted residential rates for new business on Prime "A" qualified mortgages. Actual rates committed to qualified borrowers may differ. Please contact MCAP at the link below to learn more. Rates are subject to change without notice.

Effective Date: Wednesday March 25, 2015
Prime Rate
MCAP Prime Rate2.85%
BMO Prime Rate2.85%
Fixed Rates
TermPosted Rate
6 month convertible5.95%
1 year closed3.60%
2 year closed3.95%
3 year closed4.35%
4 year closed4.84%
5 year closed5.14%
Variable Interest Rates
TermBest Rate
VIP M-Power (5 Year) 2.35%
Small Rental - Conventional
TermPosted Rate
5 year closed 5.14%
VIP M-Power (5 Year) 2.55%
Secondary Home
TermPosted Rate
3 year closed 4.35%
4 year closed 4.84%
5 year closed 5.14%
TermBest Rate
VIP M-Power 2.35%
Lines of Credit
TermBest Rate
Home Account 3.35%
Home Account Plus 3.35%
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