Sponsored by Northwood Mortgage Ltd. License #10349

Mortgage Rates

Bank Vs Broker Northwood Scotia Bank BMO RBC CIBC TD
1 Year Fixed 2.99% 3.690% 3.290% 3.25% 3.29% 3.04%
2 Year Fixed 3.09% 3.490% 3.500% 3.190% 3.24% 3.24%
3 Year Fixed 3.29% 3.940% 4.050% 3.69% 3.64% 3.29%
4 Year Fixed 3.39% 4.290% 4.790% 4.42% 4.29% 3.89%
5 Year Fixed 3.14% 5.140% 5.140% 3.540% 4.99% 5.14%
5 Year Variable 1.00% 3.65% 3.40% 3.470% 3.45% 2.95%

Updated as of: 12/02/2018

Back

Canada’s mortgage website

Your home is your most valuable asset. It is probably the single largest investment you will make in your lifetime. Your home is more than a place to rest your head and raise a family. Your home contains equity. It is a treasured resource and in some cases, can even be used as an ATM (aka cash back mortgages and HELOCs – don’t worry we’ll get there).

We All Need a Mortgage

Everyone who is looking to purchase a home will need a mortgage. But, what is a mortgage exactly and why do you need it? Besides being the term to describe a loan secured by real estate, a mortgage allows you to access funding to procure your dream home.

Mortgage Blog

How Do Lenders Evaluate Your...

Your personal credit is one of the most important aspects of your mortgage application. Read More

7 Tips For Auditing Your Personal...

To many, the word “audit” comes with a bit of dread. Read More

5 Basics For Investment Properties

Buying your first investment property can be daunting, but the payoff can be huge. Read More

How Mortgage Interest Deduction...

Since our neighbours in the United States are able to deduct mortgage interest from their tax payments, many Canadians are curious about... Read More

100,000
people a month

Trust us to help them save money
and make better financial decisions.

Join the monthly newsletter for financial tips, news, and deals!

Mortgage Reminder

Enter Your Renewal Date:

Please select the Star and click the SUBMIT button.

Refresh
Northwood Mortgage

We're working harder for you