Mortgage Rates In Canada

Latest Mortgage Rates

Institutions	6 Mths	1 Yr	2 Yrs	3 Yrs	4 Yrs	5 Yrs
AGF	n/a	4.05	3.55	4.15	5.04	5.39
Alterna	4.40	2.90	3.30	3.60	3.89	3.95
ATB Financial	4.55	3.30	3.55	4.10	5.04	3.99
Bank of Montreal	4.55	3.30	3.55	4.10	3.89	3.99
Bank of Nova Scotia	4.65	4.30	3.95	4.40	5.04	5.39
Bank West	n/a	5.25	5.50	5.75	6.00	6.50
Desjardins	n/a	3.50	3.75	4.20	5.04	5.39
Canadian Western	4.55	3.30	3.55	4.20	5.04	5.39
Canadian Western	4.55	3.30	3.55	4.20	5.04	5.39
CIBC	n/a	3.30	3.55	4.20	5.04	5.39
Coast Capital	4.45	2.45	3.20	3.50	3.65	3.75
Community Trust	4.95	3.30	3.60	4.10	5.20	5.45
Comtech	6.60	2.89	3.99	3.99	4.09	4.09
Concentra Financial	4.55	3.30	3.55	4.10	5.04	5.39
Duca	4.40	2.80	3.45	3.75	3.85	3.85
Effort Trust	3.60	3.30	3.55	4.20	5.00	5.35
Equitable Trust	n/a	3.30	3.55	4.20	5.04	5.39
First Calgary Savings	4.55	2.99	3.55	3.75	3.75	3.99
First National	4.45	2.60	3.25	3.70	3.89	3.89
Home Trust	n/a	2.60	3.25	3.45	3.89	3.99
HSBC Canada	4.55	3.40	3.75	4.40	5.24	5.59
ICICI Canada	n/a	3.05	3.55	3.89	4.10	4.09
ING Direct	n/a	2.80	3.45	3.79	3.99	3.89
Investors Group	4.55	3.30	3.55	4.20	5.04	5.39
Italian Canadian.	n/a	3.20	3.55	4.20	4.99	4.09
Laurentian Bank	3.95	2.89	3.55	4.10	5.04	3.99
Macquarie Financial	n/a	3.09	n/a	3.59	n/a	3.99
Manulife	4.40	2.75	3.75	3.50	3.75	3.85
MCAP	n/a	3.30	3.55	4.10	5.04	5.39
Meridian Credit Union	4.55	3.30	3.55	4.10	3.75	3.78
MFLRightMortgage	n/a	2.97	n/a	3.42	n/a	3.88
MRS Trust	2.70	2.95	3.40	3.90	4.30	4.35
National Bank	4.50	3.30	3.55	4.10	5.04	5.39
Govt. Employee.	7.00	2.50	4.00	3.79	4.24	4.09
Pace Savings.	4.55	3.30	3.55	4.10	5.04	5.39
Parma	n/a	2.95	3.45	3.90	4.50	4.80
President's Choice	6.04	2.90	3.35	3.70	3.89	3.94
ResMor Trust Co.	n/a	3.64	n/a	3.70	n/a	3.85
Royal Bank	4.05	2.90	3.55	4.10	3.89	3.99
Royal Trust (RBC)	4.05	2.90	3.55	4.10	3.89	3.99
So-Use Credit Union	6.30	2.75	3.85	4.00	4.50	4.60
SCU	n/a	3.20	3.40	3.60	3.70	3.80
TD Canada Trust	n/a	2.50	3.90	4.45	3.89	3.99
Virtual One	n/a	2.89	3.50	3.75	3.95	3.95

Rate information above is for informational purposes only. Please see the advertisers’ websites for the specific rates and terms related to loans offered. Rates are subject to change without notice.

Latest Mortgage News

Sep 03	House prices drop again Tweet
There was a fear that the Bank of Canada would be ratcheting up rates quite quickly and mortgage rates would go up. They haven't gone up quite as fast as ... More Edmonton Journal
Tags: Bank of Canada, mortgage rates

Sep 02	Calgary housing sales tumble Tweet
"The rise in mortgage rates, more prudent lending practices and weaker net migration has contributed to the decline in sales," said Richard Cho, ... More Calgary Herald
Tags: Calgary

Sep 02	The end of Canadian real estate insanity Tweet
My hunch is, many believe that, as ugly as their mortgage is, it's worth it because, if they wait, they may never own a home. They've been scared into ... More Globe and Mail
Tags: mortgage

Sep 02	No increase in mortgage costs seen for Sept. Tweet
“Big banks are not fond of overt rate competition,” Robert McLister, editor of leading mortgage news publication Canadian Mortgage Trends said in an e-mail. ... More Toronto Sun
Tags: Canadian Mortgage Trends

Sep 01	BMO cuts mortgage rate to spur home buying Tweet
The Bank of Canada has raised concerns that the high debt loads of Canadian consumers has made them vulnerable to changes in interest rates and potential ... More National Post (registration) (blog)
Tags: Bank of Canada, Canadian consumers, interest rates

Sep 01	Two Canadian think tanks have offer radically different views on Canadian ... Tweet
“Rising interest rates, particularly rising mortgage rates, will likely be the main drivers behind housing prices in the immediate future, and mortgage ... More Straight.com
Tags: Rising interest rates, rising mortgage rates

Sep 01	BMO cuts five-year fixed rate mortgage Tweet
By QMI Agency BMO Bank of Montreal said it's cutting rates on its special five-year fixed rate mortgage to tempt wary consumers back into the market during ... More Toronto Sun
Tags: BMO, Bank of Montreal, cutting rates, five-year fixed rate mortgage

Today's Mortgage Rates

House prices drop again

Calgary housing sales tumble

The end of Canadian real estate insanity

No increase in mortgage costs seen for Sept.

BMO cuts mortgage rate to spur home buying

Two Canadian think tanks have offer radically different views on Canadian ...

BMO cuts five-year fixed rate mortgage