Commercial Indicators – 3 January 2025

Commercial Bond Yields
CMB5 Year – 3.16%CANHOU 06/15/30[-0.01%]  
10 Year – 3.63%*Est. CANHOU 03/15/35[-]  
Floating Rate insured cost of funds4.26%[-]  
Prime Rate5.45%[-] 
GoC2 Year – 2.88%CAN 09/01/27[+0.01%]  
3 Year – 2.90%CAN 09/01/28[-]  
5 Year – 2.94%CAN 09/01/29[-]  
10 Year – 3.18%CAN 06/01/34[-]  
GOC Bonds are for reference purposes only* denotes interpolated rate 

As of January 3, 2025, interest rates in Ontario for mortgages are: 

4-year fixed: 4.49% for insured and uninsured
5-year fixed: 3.99% for insured and 4.14% for uninsured
7-year fixed: 5.30% for insured and 5.90% for uninsured
10-year fixed: 5.62% for insured and 5.80% for uninsured

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