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Mortgage Rates

Bank Vs BrokerNorthwoodScotia BankBMORBCCIBCTD
1 Year Fixed3.14%3.440%3.640%3.25%3.29%3.59%
2 Year Fixed2.84%3.540%3.890%2.990%3.04%3.74%
3 Year Fixed2.79%4.190%4.290%3.69%3.94%3.09%
4 Year Fixed2.84%4.390%4.640%4.42%4.49%3.94%
5 Year Fixed2.79%4.990%5.040%3.340%5.19%3.24%
5 year variable insured2.45%3.050%2.950%2.450%2.45%2.65%

Updated as of: 06/04/2020


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.

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The New Mortgage Rules Are In: ...

Mortgages extending beyond high-ratio and conventional are something of a new phenomenon in Canada, evolved and defined by the Department... Read More

Discover the Definite Merits of a...

Within the expanse of buying and selling of property, confidence is vital. Read More

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