Canadian Rates

Compare our mortgage rates with other banks and lenders with CanEquity's Canadian Mortgage Rate Comparison chart. Below you will also find the lastest Bank of Canada rates, including rates for business prime, bonds and currancy exchange rates. All of our Canadian rates are updated daily.

Mortgage Rate Comparison

Note: These rates are provided as a convenience and many are provided by third parties, therefore we cannot guarantee their accuracy.

Financial Institution	Mortgage Term
Financial Institution	Variable	6 Mth	1 Year	2 Year	3 Year	4 Year	5 Year
CanEquity Mortgage	1.75*/1.75	3.75	2.35	2.95	3.25	3.64	3.69
AGF Trust	-	4.65	2.75	2.85	3.25	3.89	3.79
ATB Financial	2.15	4.65	3.40	3.75	4.15	5.04	4.09
Alterna Bank	-	4.40	3.35	3.65	3.69	3.94	3.94
Alterna Savings	-	4.40	3.35	3.65	3.69	3.94	3.94
Bank of Montreal (BMO)	2.10	4.65	4.00	3.75	4.15	4.94	5.25
Bank of Nova Scotia	2.10	4.65	4.35	3.95	4.30	4.94	5.25
Bridgewater Bank	-	-	5.99	5.75	3.47	-	3.94
CIBC Mortgages	2.25	4.65	3.60	3.75	4.15	4.94	5.25
Caisses Desjardins	-	3.50	3.50	3.75	4.15	4.94	5.25
Canadian Western Bank	2.25	4.65	3.60	3.75	4.15	5.04	5.39
Canadian Western Trust	2.25	4.65	3.60	3.75	4.15	5.04	5.39
Citibank	-	4.65	3.60	3.75	4.15	5.04	5.39
Comtech Credit Union	-	6.60	2.65	3.99	3.99	3.99	3.72
Concentra Financial	-	4.65	3.60	3.75	4.15	4.94	5.25
DUCA Financial Services	1.98	4.40	2.60	3.25	3.45	3.75	3.85
Effort Trust	-	3.35	3.35	3.70	4.10	4.90	5.20
Equitable Trust	-	-	3.40	3.75	4.15	4.94	5.25
First Calgary Savings	-	4.65	3.60	3.75	2.99	3.59	3.99
First National Financial LP	1.85	4.60	2.65	2.95	3.50	3.69	3.89
FirstLine Mortgages	2.15	4.75	2.80	3.25	3.75	4.14	4.19
FirstOntario Credit Union	2.25	4.35	2.79	3.59	3.69	3.89	3.84
HSBC Bank Canada	2.25	4.65	4.35	3.95	4.50	5.14	5.49
Home Trust Company	-	-	2.65	-	3.50	-	3.89
ICICI Bank Canada	3.50	-	4.00	4.25	4.50	4.85	5.85
ING Direct	1.85	-	2.65	3.15	3.49	3.69	3.89
Investors Group Trust	3.25	4.65	3.60	3.75	4.15	4.94	5.25
Key Savings & CU	-	4.65	3.40	3.65	2.99	4.74	3.99
Laurentian Bank Canada	2.15	3.85	3.60	3.75	4.15	4.94	5.24
League Savings & Mortgage	-	4.65	3.60	3.75	4.15	4.94	5.25
Libro Financial Group	-	4.45	3.60	3.75	4.25	4.90	4.99
London Life	3.25	4.65	3.60	3.75	4.15	4.94	5.25
Macquarie Financial Ltd.	2.05	-	2.79	-	3.59	-	4.19
Manulife Bank	-	4.40	3.25	3.60	3.75	4.00	4.09
Meridian Credit Union	1.95	4.65	3.60	3.75	4.25	3.69	3.74
National Bank	2.25	3.60	3.60	3.75	4.15	4.94	5.25
Ontario Civil Service CU	-	6.10	2.50	4.00	3.15	3.94	4.25
PACE Savings & CU	-	4.65	3.60	3.75	4.15	4.94	5.25
Parama Credit Union	2.25	-	3.10	3.35	3.80	4.05	4.60
Peace Hills Trust	-	6.00	4.35	4.25	4.25	5.04	5.39
President's Choice Financial	1.95	6.84	2.90	4.00	3.50	3.89	3.94
Promutuel Capital	-	3.75	3.80	4.05	4.60	4.85	4.99
ResMor Trust	2.15	-	3.09	-	3.69	-	4.04
Royal Bank of Canada (RBC)	2.10	4.65	3.40	3.75	4.15	4.94	5.25
Servus Credit Union	-	4.65	3.60	3.75	4.15	4.94	5.25
So-Use Credit Union	-	6.30	2.75	3.85	3.65	4.15	4.35
Steinbach Credit Union	-	-	4.00	3.40	3.50	3.60	3.75
TD CanadaTrust	2.10	4.60	3.65	3.95	4.30	4.94	5.25
Ukrainian Credit Union	-	4.75	2.45	3.75	3.60	3.85	3.95
Virtual One Credit Union	-	-	3.50	4.00	4.50	5.00	3.74
Windsor Family CU	-	4.65	3.65	3.95	4.15	4.85	5.35
Your Credit Union	3.75	-	3.60	3.95	4.50	5.19	4.10
Your Neighbourhood CU	-	-	2.80	3.35	4.05	4.55	4.65

Last Update: 2010-03-18

Bank of Canada Rates and Statistics

Exchange rates	17/03/10	18/03/10	+/-
$Can/US closing rate	1.0103	--	--
$Can/US noon rate	1.0113	1.0139	+ 0.0026
$US/Can noon rate	0.9888	0.9863	- 0.0025
CERI *	118.89	118.71	- 0.18
CERI excluding USD	120.55	120.75	+ 0.20
Money market	16/03/10	17/03/10	+/-
Overnight rate	0.2445%	0.2413%	- 0.0032
Target for the overnight rate	0.25%	0.25%	0.00
Overnight repo rate (CORRA)	0.2345%	0.2290%	- 0.0055
Corporate paper, 1 month	0.35%	0.35%	0.00
Treasury bill, 1 month	0.16%	0.15%	- 0.01
Bankers' Acceptances, 1 month	0.34%	0.33%	- 0.01
Inflation	12/09	01/10	+/-
Inflation-control target range	1—3	1—3	--
Total consumer price index **	1.3%	1.9%	+ 0.6
Core consumer price index **	1.5%	2.0%	+ 0.5
Interest rates	10/03/10	17/03/10	+/-
Prime business rate	2.25%	2.25%	0.00
Conventional mortgage, 5 year	5.39%	5.25%	- 0.14
Bond yields	16/03/10	17/03/10	+/-
GoC marketable bonds, +10 yr	3.94%	3.97%	+ 0.03
GoC benchmark bonds, 3 yr	1.85%	1.90%	+ 0.05
Real return bond, long term	1.57%	1.59%	+ 0.02

* Canadian-dollar effective exchange rate index
** 12-month per cent change

Last Update: 2010-03-18

Apply By Fax

If you are worried about submitting personal information over the Internet, then try our printer friendly mortgage application.

You will need the free Adobe Acrobat Reader in order to view and print the application. Once filled out, you can then fax it to our toll free fax number listed on the form.

Debt Consolidation

The valuable equity that you may already have in your home can be used to consolidate high interest credit card debts. Consolidating your credit card debt into a new, low interest-rate mortgage will save you 10-12% on interest changes.

Variable Rate Loan

Introductory
1.75%^*

The most effective variable mortgage product available to you.

Credit Card Fact

Making the minimum monthly payment of 2% ($200 to start on a $10,000 debt) at 18% interest will cost you around $38,930 & will take about fifty-seven (57) years to pay off!

Mortgage Statistics

Did you know that the average home loan in Lower Sackville is:

$129,192^*

Discover more facts and statistics exclusively at CanEquity Mortgage.

Mortgage Questions?