Open rates are very high about 2-3% higher than closed rates. You pay for the convenience of the open feature. Closed rates are much lower and if you know you want to pay it in 1-2 yrs you can get a great 1 yr or 2 yr rate.

Check out the latest rates on our site http://www.easyrate.ca/mortgage-rates Discounts range from 1 % to 2 % for all fixed term mortgages. Even the variable rate is now below prime! Abraham Niyazi - Mortgage Agent - Easyrate.ca 1-866-RATE-708 x 115

Forget the banks, I have never been able to get a good rate from my bank. The personal bankers dont care if you get a mortgage with them, they get paid their salary anyway. Deal with a broker, they have the best rates, and the banks go after their business because they can deal with whoever they want so they get the best rates.