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A fixed-rate closed mortgage allows you to:
- Always know exactly what your mortgage payment will be, no matter how interest rates change
- Prepay up to 10% of your original mortgage amount annually
- Increase your payment at any time, up to 100% of your regular amount
Looking for insurance coverage for your mortgage? CIBC’s got the right option for you.
Did you know you can get a low interest line of credit with your mortgage? Check out the CIBC Home Power Plan®.