Mortgage Rates
Updated on 2024-04-23
Mobile users: Swipe to view full table.
| Term | Insured | Insurable | Uninsurable | |||
| ≤ 65% | 65.01 to 70% | 70.01 to 75% | 75.01 to 80% | ≤ 80% | ||
| P represents Prime = 7.20%. For Example: P-0.90 = 7.20 – 0.90 = 6.30% | ||||||
| 5 Year Fixed | 5.14% | 5.14% | 5.24% | 5.34% | 5.39% | 5.62% |
| 5 Year ARM | P-0.90% | P-0.90% | P-0.75% | P-0.60% | P-0.60% | P-0.40% |
| 5 Year Fixed Rental | – | 5.19% | 5.29% | 5.44% | 5.44% | 5.77% |
| 4 Year Fixed | 5.14% | 5.14% | 5.39% | 5.39% | 5.39% | 5.79% |
| 3 Year Fixed | 5.34% | 5.34% | 5.44% | 5.64% | 5.64% | 5.74% |
| 2 Year Fixed | 6.37% | 7.14% | 7.14% | 7.14% | 7.14% | 7.89% |
| 1 Year Fixed | 6.93% | 7.44% | 7.44% | 7.44% | 7.44% | 8.59% |
Interest rates are a crucial aspect of any mortgage. They determine the cost of borrowing and, consequently, the monthly payments you’ll need to make. Our mortgage brokerage provides you with a wide range of rates, helping you explore various options.
We have organized our rates in a structured format to make it easier for you to find what you’re looking for. Whether you’re looking for fixed-rate mortgages or variable-rate mortgages, you can easily find the corresponding rates in the designated fields.
Each row corresponds to a “term” and “type of mortgage”, while the columns indicate whether a mortgage is insured, insurable, or uninsured.
We update these rates as soon as lenders send them to us, ensuring you have access to the most current information.
Remember, mortgage rates can change frequently, so keep checking back for the latest rates. This way, you can make an informed decision when choosing a mortgage that suits your needs.
Let us know if you have any questions. We wish you a delightful rate browsing experience.