Manulife Bank Mortgage Rates

Updated May 24th, 2020

5-Year Fixed
3.05%
Get This Rate
TermRate
5-Year Fixed
3.05%
Get This Rate

Manulife Bank Background

Manulife (TSE: MFC) is a Canadian insurance and financial services provider located in Toronto, Ontario. WIth over $1 trillion in assets under management, they are one of the largest financial institutions in Canada. Manulife was incorporated as "The Manufacturers Life Insurance Company" in 1887 by the parliament. This act was headed by Canada's prime minister at the time, John A. Macdonald, and Ontario's lieutenant-governor, Alexander Campbell. They provide a diversified portfolio of financial services to customers with insurance, retail banking, mortgages, wealth management products sold globally. Manulife currently employs 35,000 employees and serves over 30 million customers globally. They provide many unique financial products to serve their large customer base.

Manulife Bank Fixed-Rate Mortgages

Manulife Bank Fixed Rate Mortgages reduce the risk of future interest rate fluctuations by “locking in” a specific interest rate for the term. This can create peace of mind for homeowners, which makes it a fundamentally appealing program for home buyers. If you are arranging a new mortgage for a future or current home, your fixed interest rate can be guaranteed up to 120 days before the closing date of your home. If interest rates go up during that time, you will be guaranteed the lower rate.

Term LengthManulife RateBest Rate
5-Year Fixed
3.05%
2.23%

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