Residential Interest Rates
Bank Prime Rate (December 8th, 2022): 6.45%
Variable Rate Mortgage: 5.55% (Bank Prime – 0.90%) OR Lender Rate + 2.00% whichever is HIGHER
Fixed-Rate Mortgages:
1yr: 6.04%
2yr: 5.74%
3yr: 5.34%
4yr: 5.24%
5yr: 4.89%
7yr: 5.84%
10yr: 6.00%