Residential Interest Rates

Bank Prime Rate (Oct 29th, ’25): 4.45%

Stress Test mortgage rate: 5.25% (Dec 17, ’21) OR Lender Rate plus 2% whichever is HIGHER. NOTE: NO Stress Test on mortgage SWITCHES effective Nov 21, 2024

Variable Rate Mortgage: 3.75% (Bank Prime – 0.70%)

Fixed-Rate Mortgages (Updated Sept 17th ’25):

1yr: 4.84%

2yr: 4.34%

3yr: 4.24%

4yr: 4.29%

5yr: 4.24%

7yr: 5.15%