Mortgages: Closed, variable to 5 years
Financial Institution Term
Variable 6 Months 1 Year 2 Years 3 Years 4 Years 5 Years
ATB Financial 3.3000 4.5000 3.3400 3.5400 3.7400 3.8400 3.8900
Alterna Bank 3.4000 4.4000 3.6400 3.8400 3.7400 4.9400 3.8400
Alterna Savings 3.4500 4.4000 3.6900 3.8900 3.7900 4.9900 3.8900
Bank of Montreal 4.1000 4.2000 3.7900 3.9900 4.2900 4.8900 5.3400
Bank of Nova Scotia 4.1500 4.7500 3.7900 3.7900 4.4400 4.5900 5.4400
CIBC Mortgages 3.9500 3.7500 3.5400 3.6400 3.9400 4.4900 5.3400
Canadian Western Bank 3.7500 3.7300 3.3400 3.4400 3.5900 3.6400 3.7400
Canadian Western Trust 3.7500 3.7300 3.3400 3.4400 3.5900 3.6400 3.7400
Comtech Credit Union - 6.2000 3.3900 3.4900 3.6900 3.7400 3.7900
Desjardins - Caisses 3.9500 4.4000 3.7900 3.8900 4.3400 4.9900 5.5400
Effort Trust - 4.5000 4.4000 4.5000 4.9500 5.0000 5.3000
Equitable Bank - - 3.6400 3.8900 4.4500 5.0400 5.3400
First National Financial 3.9500 4.5000 4.2900 3.9900 3.9900 3.9900 3.8900
FirstOntario Credit Un. 3.4500 4.9400 3.7900 3.7400 3.7900 3.7900 3.8900
HSBC Bank Canada 3.0400 3.6900 3.3900 3.4900 3.5400 3.6400 3.7400
Home Trust - - 3.4900 3.7400 4.3000 5.0400 5.3400
ICICI Bank Canada 3.0500 - 3.1900 3.1900 3.9400 4.2900 5.1400
Investors Group Trust 3.7000 4.2000 3.4900 3.5900 4.1400 4.8900 5.3400
Kindred Credit Union 3.9500 - 4.3000 4.3500 4.4000 4.4500 4.5000
Laurentian Bank Canada 3.9500 4.4000 3.6400 3.8400 4.3400 4.8900 5.4900
League Svgs & Mortgage - 4.4500 3.4500 3.5500 3.6500 3.7500 3.8500
Libro Credit Union - 4.7500 3.7900 3.8400 3.8900 3.9400 3.9900
London Life 3.7000 4.2000 3.4900 3.5900 4.1400 4.8900 5.3400
Luminus Financial 4.0000 - 4.1000 4.2000 4.3500 4.8000 5.3400
Manulife Bank 4.4500 4.4500 3.6900 3.7900 3.8900 3.9400 4.0400
Manulife Trust - 4.4500 3.6900 3.7900 3.8900 3.9400 4.0400
Meridian Credit Union 3.1500 4.0000 3.2400 3.4900 3.7400 3.8900 3.6900
National Bank 3.9500 4.5000 3.6400 3.8900 4.3000 4.8900 5.3400
PACE Savings & Credit Un 3.7000 5.5000 3.8900 3.9900 4.1500 4.8900 5.1400
Parama Credit Union 3.7000 - 3.6900 3.7900 3.8900 3.9900 4.0900
Peace Hills Trust - 4.5000 3.3500 3.5000 3.7500 4.0500 4.2500
Rapport Credit Union 3.7000 6.0000 3.5400 3.5900 4.0400 4.4400 5.3500
Royal Bank of Canada 3.9500 3.6400 3.6400 3.8900 4.4500 5.0400 5.3400
Simplii Financial 3.9500 6.1900 3.5400 3.6400 3.8900 4.3900 4.9900
Steinbach Credit Union - - 3.2900 3.3900 3.4900 3.5900 3.6900
Street Capital Bank 3.2000 - 3.8900 3.8900 3.8900 3.8900 3.9900
T-D Mortgage 4.1000 3.3400 3.5900 3.7400 3.8900 3.9400 5.5900
Tangerine 3.5500 - 3.4900 3.6400 3.6900 3.7900 3.8400
Your Neighbourhood C.U. - - 3.5400 3.6400 3.8400 3.9400 4.2900
A mortgage is a contract stipulating a specific property, typically a residence or building, as collateral for a loan. The mortgage incurs a rate of interest that varies according to term and other features. Closed mortgages involve a strict repayment schedule of a specific amount with optional limited lump sum payments and payment increases.