Rates last updated: 2019-10-29
|6 mnth||1 YR||2 YR||3 YR||4 YR||5 YR||7 YR||10 YR|
|Bank Posted Rates - BNS||4.75%||3.64%||3.74%||4.39%||4.59%||5.19%||5.69%||6.19%|
|Lowest wholesale rates available through Capital Direct||4.75%||3.33%||3.07%||2.98%||3.02%||3.05%||3.50%||3.75%|
|Bank Prime Rate 0.0395|
|All rates quoted above are semi-annual compounding
Corresponding annual effective equivalent rates
|Bank Posted||0.04806||0.03673||0.03775||0.04438||0.04643||0.05257||0.05771||0.06286||Lowest CDLC||0.04806||0.03358||0.03094||0.03002||0.03043||0.03073||0.03531||0.03785|
|Bank Prime 0.03989|
- 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 Rates can be changed or withdrawn at any time.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.