DUCA Credit Union Mortgage Rates

Updated September 21st, 2020

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Get a lower rate while working with DUCA.

Advertised Rate

2.89%

5-Year Fixed

Advantage Rate

2.84%

5-Year Fixed

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How We Get You A Better Rate

When we help you get a mortgage with one of our lenders, we get a small commission. We then share part of that commission with you by buying down or lowering your mortgage rate. We strongly believe in transparency and we want to help all Canadians get the most out of their real estate.

Popular DUCA Mortgage Rates

Type	Advertised Rate	WOWA Advantage
1-Year Fixed	5.85%	Get 5.80%
2-Year Fixed	3.79%	Get 3.74%
4-Year Fixed	3.94%	Get 3.89%
5-Year Fixed	2.89%	Get 2.84%
5-Year Variable	3.25%	Get 3.20%

DUCA Credit Union Fixed-Rate Mortgages

DUCA Credit Union 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.

Type	Advertised Rate	WOWA Advantage
1-Year Fixed	5.85%	Get 5.80%
2-Year Fixed	3.79%	Get 3.74%
3-Year Fixed	3.84%	Get 3.79%
4-Year Fixed	3.94%	Get 3.89%
5-Year Fixed	2.89%	Get 2.84%
6-Year Fixed	4.89%	Get 4.84%
7-Year Fixed	5.09%	Get 5.04%

DUCA Credit Union Variable-Rate Mortgages

DUCA Credit Union Variable Rate Mortgages provides you with fixed payments over the term; however, the interest rate will fluctuate with any changes in the prime interest rate. If their prime rate goes down, more of your payment will go towards paying off your principal; if our prime rate goes up, more of your payment will go towards interest costs. As a result, this can be a great financial tool for those expecting rates to fall in the upcoming year. A convertible mortgage allows you to convert to another term at any time. This feature provides security and flexibility, as it enables you to convert to a longer closed term should your variable rate mortgage no longer meet your needs.

Term Length	DUCA Rate	Best Rate
3-Year Variable	3.55%	2.35%
5-Year Variable	3.25%	1.58%

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While we try our best to get your the best rates, we cannot guarantee that they are always accurate. WOWA assumes no liability for the accuracy of the information presented, and will not be held responsible for any damages resulting from its use.