Annual Percentage Rate (APR) means the cost of borrowing for a loan expressed as an interest rate. It includes all interest and non-interest charges associated with the mortgage. As CIBC does not charge fees on most mortgages, the annual interest rate and APR are usually identical.
Rates shown for the applicable term are CIBC's special discounted rates and are not posted rates of CIBC. Offer may be changed, withdrawn or extended at any time, without notice.