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: 1.74%
2yr: 1.74%
3yr: 1.74%
4yr: 1.74%
5yr: 1.79%
7yr: 2.34%
10yr: 2.99%