Residential Interest Rates

Bank of Canada 5yr Benchmark (since August 13, 2020): 4.79%

Bank Prime Rate (March 27th, 2020) : 2.45%

Variable Rate Mortgage: 1.70% (Bank Prime – 0.75%)

Fixed-Rate Mortgages:

6-month closed: 2.79%

1yr: 1.84%

2yr: 1.54%

3yr: 1.54%

4yr: 1.79%

5yr: 2.09%

7yr: 2.44%

10yr: 2.89%