Mortgage Rates
Discounted rates found on the internet on June 20, 2025.
Fixed-Rate Mortgages
1-year closed: 4.69% (4.69%)
2-year closed: 4.19% (4.19%)
3-year closed: 4.14% (4.14%)
5-year closed: 3.91% (3.91%)
7-year closed: 5.00% (5.00%)
10-yr closed: 5.29% (5.29%)
Variable-Rate Mortgages
BofC’s Rate: 2.75% (2.75%)
Banks' Prime: 4.95% (4.95%)
5-year: Prime - 0.90% or 4.05%
Some rates may require CMHC insurance coverage. BofC stands for Bank of Canada. The rates in brackets are from June 13, 2025.
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