Five-year rate terms are the most common mortgage terms in Canada, and that is as true of variable open mortgages as it is of any other mortgage type. Variable open mortgages can be repaid in full before the end of their loan terms without a prepayment penalty, and variable interest rates are often quite low. We are the best resource for Canadian 5-year variable open mortgage rates. Our listing of rates is always up to date, and it is simple to apply for a mortgage by clicking on one of them. Your 5-year variable open mortgage rate is the percentage that lenders will charge you in interest during your 5-year loan term. Choose a rate from this listing of the best 5-year variable open mortgage rates to apply for your mortgage.
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