This information is not intended to be and should not be relied upon as financial advice. Speak with a CIBC advisor for details about CIBC lending products. Personal lending products and residential mortgages offered by CIBC are subject to CIBC's lending criteria and credit approval.
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The information in this article is general only; it is not intended as specific investment, financial, accounting, legal or tax advice for any individual.
1 CIBC Prime is the variable rate of interest per year declared from time to time to be the prime rate for Canadian dollar loans made by CIBC in Canada. The interest rate on your loan will change whenever CIBC Prime varies.