Buying a Home in Canada

Mortgage Rates

Discounted rates found on the internet on February 14, 2025.

Fixed-Rate Mortgages

1-year closed: 4.79% (4.79%)
2-year closed: 4.64% (4.44%)
3-year closed: 4.24% (3.99%)
5-year closed: 3.94% (3.94%)
7-year closed: 5.25% (5.29%)
10-yr closed:   5.48% (5.48%)

Variable-Rate Mortgages

BofC’s Rate:   3.00% (3.00%)
Banks' Prime:    5.20% (5.20%)
5-year: Prime - 1.05% or 4.15%

Some rates may require CMHC insurance coverage. BofC stands for Bank of Canada. The rates in brackets are from February 7, 2025.



Francais
HBI - Home Buyers Incorporated 22 Giberson Drive, Dartmouth, Nova Scotia B2W 6J6, Tel: 902-452-0969, Fax: 902-435-4701 | Halifax Web Design by: immediac