Survey of Mortgage
Purchase Rates
Lowest wholesale rates available through Capital Direct
Rates
Rates last updated: 2025-04-23
| 6 mnth | 1 YR | 2 YR | 3 YR | 4 YR | 5 YR | ||||
| Bank Posted Rates - BNS | 7.75% | 7.19% | 6.79% | 6.45% | 6.34% | 6.49% | |||
| Lowest wholesale rates available through Capital Direct | 7.50% | 6.15% | 5.39% | 4.59% | 4.64% | 4.59% | |||
| Bank Prime Rate 4.95% | |||||||||
- Amortizations may range from 5-25 years.
- Amortizations up to 25 years are available.
- High Ratio Mortgage insurance from CMHC or Genworth may be required by the funding instituition.
- Mortgagors may be required to pay legal, title and valuation services and insurance as determined by the financial institution.
- Any additional amounts for said required services will affect the effective equivalent rates upward.
- Stated rates are subject to conventional approval requirements, property types and lending areas.
- Rates fluctuate and may differ temporarily from institutions Prime until adjusted monthly to reflect the latest change in institutions Prime.
- Rates are subject to change without notice at any time.
- Rates are fixed unless otherwise stated as variable. Mortgages are locked in for the term stated.
- Mortgages may be subject to early repayment penalties or interest rate differentials.
- Applicable to new deals only. Rates can be changed or withdrawn at any time.
- Rate commitment period is available for up to 90 or 120 days from the date of application.
