How It Works
Thanks to our home equity loan, we made some renovations to my parents' home, and it's ready to go on the market. We are now confident we'll get top market value for it!
Ron & Karen R., Peterborough, Ontario
Survey of Mortgage
Purchase Rates
Lowest wholesale rates available through Capital Direct

Rates last updated: 2021-02-04

    6 mnth 1 YR 2 YR 3 YR 4 YR 5 YR
Bank Posted Rates - BNS   4.25%  2.79%  2.89%  3.49%  3.89%  4.79% 
Lowest wholesale rates available through Capital Direct   4.25%  2.49%  1.93%  1.94%  1.74%  1.89% 
Bank Prime Rate 2.45%

  • 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 Rates can be changed or withdrawn at any time.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.