Rates last updated: January 8, 2018
|6 mnth||1 YR||2 YR||3 YR||4 YR||5 YR||7 YR||10 YR|
|Bank Posted Rates - BNS||4.75%||3.49%||3.29%||3.74%||4.09%||4.99%||5.49%||6.19%|
|Lowest wholesale rates available through Capital Direct||4.75%||3.44%||3.09%||3.29%||3.39%||3.49%||3.94%||4.49%|
|Bank Prime Rate||3.20%|
|Variable @ prime rate (-) 0.30%||2.90%|
|All rates quoted above are semi-annual compounding.|
|Corresponding annual effective equivalent rates|
- 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 institution's Prime until adjusted monthly to reflect the latest change in institution's 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 Rates can be changed or withdrawn at any time.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.
Any questions please contact your local representative at 1-800-625-7747 or look under contact us.