CIBC mortgage rates
CIBC's lowest 5-year fixed rate on its own website was 4.99% (insured) when we read it on Nov 1, 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%.
| 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 | — |
| CIBC 5-yr | 4.99%read Nov 1, 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 2, 2026.
All CIBC rates we collected
| Term | Type | Insured | Kind | Rate | Fine print | Source |
|---|---|---|---|---|---|---|
| 3-year | Variable | Not split | special | 4.40% APR 4.42% | Special offer: amortizations 25 years or less; new mortgages only. | page as of Nov 1, 2026 |
| 3-year | Fixed | Not split | special | 5.09% APR 5.11% | Special offer: amortizations 25 years or less; new mortgages only. | page as of Nov 1, 2026 |
| 5-year | Fixed | Insured | special | 4.99% APR 5.01% | High-ratio; new mortgages only. | page as of Nov 1, 2026 |
| 5-year | Fixed | Not split | special | 5.34% APR 5.36% | Special offer: amortizations 25 years or less; new mortgages only. | page as of Nov 1, 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 2, 2026; check the lender's page before relying on any rate.
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 1, 2026).
CIBC's page shows special offers (amortizations 25 years or less, new mortgages only) and its prime rate; posted rates weren't on the page we read.
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 2, 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%.