CIBC mortgage rates
CIBC's lowest 5-year fixed rate on its own website was 4.99% (insured) when we read it on Nov 13, 2026. Its lowest variable was 4.40%. The lowest comparable rate we collected anywhere was 4.34% at ATB Financial. CIBC's prime rate is 4.70%.
What are CIBC's mortgage rates by term?
| Term | Lowest special / advertised | Posted | Gap | Payment at special | Payment at posted |
|---|---|---|---|---|---|
| 3-year | 5.09% | — | — | $2,933.69 | — |
| 5-year | 4.99% insured | — | — | $2,905.18 | — |
What does CIBC's 5-year rate cost on $500,000?
| CIBC 5-yr | 4.99%read Nov 13, 2026 |
|---|---|
| Lowest collected (ATB Financial) | 4.34% |
| Mortgage | $500,000, 25 years, 5-year term |
| Monthly payment, lower → higher rate | $2,723.07 → $2,905.18 |
| Interest difference over 5 years | $15,584 |
Open this example in the calculator →Computed Nov 13, 2026.
Which CIBC rates did we collect, and from which page?
| Term | Type | Insured | Kind | Rate | Fine print (the lender's words) | Source |
|---|---|---|---|---|---|---|
| 3-year | Variable | Not split | special | 4.40% APR 4.42% | — | page as of Nov 13, 2026 |
| 3-year | Fixed | Not split | special | 5.09% APR 5.11% | — | page as of Nov 13, 2026 |
| 5-year | Fixed | Insured | special | 4.99% APR 5.01% | — | page as of Nov 13, 2026 |
| 5-year | Fixed | Not split | special | 5.34% APR 5.36% | — | page as of Nov 13, 2026 |
Highlighted rows are the lowest special or advertised rate for that term and type among the rows shown. * = the lender's own prime rate plus its stated spread. Collected Nov 13, 2026; check the lender's page before relying on any rate.
How does CIBC charge to break a mortgage early?
Prepayment and penalties
We didn't find CIBC's penalty method on the pages we read. It's in your mortgage contract's information box.
Check a CIBC posted-rate IRD · full penalty calculator on BankMortgages.ca
About this lender
Bank lending across Canada. Prime rate 4.70% as stated on its site (as of Nov 13, 2026).
MortgageRateToday.ca isn't affiliated with CIBC and isn't paid by any lender.
Frequently asked questions
What is CIBC's 5-year fixed mortgage rate?
On Nov 13, 2026, CIBC's own website showed 4.99% (insured) for a 5-year fixed. Rates change often; check the lender's page.
What is CIBC's variable mortgage rate?
The lowest closed variable rate on its page was 4.40% for a 3-year term, with CIBC's prime at 4.70%.