| Mortgages: Closed, variable to 5 years | |||||||
|---|---|---|---|---|---|---|---|
| Financial Institution | Term | ||||||
| Variable | 6 Months | 1 Year | 2 Years | 3 Years | 4 Years | 5 Years | |
| Alterna Bank | 3.7000 | 6.7900 | 5.6900 | 5.3900 | 4.5900 | 5.0400 | 4.6900 |
| Alterna Savings | 3.7000 | 6.7900 | 5.6900 | 5.3900 | 4.5900 | 5.0400 | 4.6900 |
| Bank of Montreal | 4.7000 | 5.4900 | 5.4900 | 4.9400 | 6.0500 | 5.9900 | 6.0900 |
| Bank of Nova Scotia | 5.1500 | 6.0900 | 5.4900 | 5.2400 | 6.0500 | 6.0900 | 6.1900 |
| CIBC Mortgages | 4.7000 | 7.5500 | 5.1400 | 5.2400 | 6.1400 | 6.1900 | 6.4900 |
| Desjardins - Caisses | 4.7000 | 7.9900 | 5.6900 | 5.7400 | 6.0400 | 6.0900 | 6.1900 |
| Effort Trust | - | 5.2000 | 5.2000 | 5.3000 | 5.4000 | 5.5000 | 5.5000 |
| First National Financial | 4.7000 | - | 5.6900 | 5.3400 | 5.2800 | 5.2400 | 5.3100 |
| FirstOntario Credit Un. | 4.0500 | 6.3400 | 5.4900 | 4.8400 | 4.9400 | 4.9900 | 5.0400 |
| Home Trust | 3.9500 | - | 5.9000 | 5.1700 | 5.1200 | 5.4400 | 4.9900 |
| IC Savings | - | 5.0900 | 5.0900 | 4.8400 | 5.0900 | 5.2400 | 5.3400 |
| Kindred Credit Union | 4.7000 | - | 5.3500 | 5.3500 | 5.0500 | 5.0500 | 5.0500 |
| Laurentian Bank Canada | 6.4500 | 7.8400 | 5.6400 | 5.9400 | 6.0900 | 6.1900 | 6.2900 |
| Libro Credit Union | - | 7.7500 | 5.5900 | 5.3900 | 5.2900 | 5.2900 | 5.3400 |
| Luminus Financial | - | - | 5.5400 | 5.4900 | 4.5900 | 5.4400 | 4.1900 |
| Manulife Bank | 4.7000 | 7.9900 | 6.8900 | 6.3400 | 5.3900 | 5.6900 | 5.5900 |
| Manulife Trust Company | - | 7.9900 | 6.8900 | 6.3400 | 5.3900 | 5.6900 | 5.5900 |
| Meridian Credit Union | 3.8900 | 7.8400 | 6.0900 | 5.7400 | 4.4900 | 4.4900 | 4.7400 |
| National Bank | 4.7000 | 6.0900 | 5.4900 | 5.2400 | 6.0900 | 6.0500 | 6.1400 |
| Parama Credit Union | 4.4500 | - | 3.9000 | 4.4900 | 4.4900 | 4.4900 | 4.4900 |
| Peace Hills Trust | - | 7.7400 | 5.4900 | 5.3900 | 4.8900 | 5.0400 | 4.9200 |
| Royal Bank of Canada | 4.7000 | 5.7400 | 5.7400 | 5.7400 | 6.2500 | 6.0900 | 6.1900 |
| Steinbach Credit Union | - | - | 4.1900 | 4.1900 | 4.1900 | 4.2900 | 4.3900 |
| T-D Mortgage | 4.8500 | 5.5400 | 5.6900 | 5.3900 | 6.1500 | 5.9900 | 6.1400 |
| Tangerine | 4.0000 | - | 5.9900 | 5.1400 | 4.4400 | 4.4900 | 4.4900 |
| Your Neighbourhood C.U. | - | - | 5.9900 | 5.9900 | 4.6900 | 4.7900 | 4.9900 |
| 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. |
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Prepared by CANNEX on October 30, 2026 at 01:05:20 ET. This information is current as of the date and time posted and is subject to change without notice. © Copyright 2026 CANNEX Financial Exchanges Limited. All rights reserved. |