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Jumbo rate cut in December 'almost a given': CIBCCompare accurate and up-to-date fixed and variable mortgage rates from CIBC and find the best mortgage option for you. Annual Averages: Posted Fixed Mortgage Rates at Canada's Major Banks ; , %, % ; , %, % ; , %, % ; , %. Today's Special Mortgage Rates ; 3 Year Fixed � Amortization � % ; 5 Year Smart Fixed � Default insured mortgage � % ; 5 Year Smart Fixed � Amortization � %.