How It Works
I got a 90-percent home equity loan, which was exactly what I needed. The payments are low enough that I have no problem making the payments. If I ever need another loan, I know where to turn!
David G., Calgary, Alberta

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 Rates can be changed or withdrawn at any time.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.