Current Mortgage Rates:
“A” Lending Rates:
Fixed 4.14% (insured) | 4.39% (conventional)
Variable 4.10% (insured) | 4.39% (conventional)
Rental 4.74% (fixed) | 4.54% (variable)
Prime Rate 4.95%
Next Bank of Canada rate announcement: July 30, 2025
“B” Lending Rates:
1 year 5.04% to 5.34%
2 years 4.69% to 4.99%
3 years 4.84% to 5.14%
20% down payment required
Stated Income
Self-Employed (12 months bank statements)
“C” Lending Rates:
Fully Open
50%LTV 5.55%
60%LTV 5.65%
65%LTV 5.75%
“2nd Mortgage”
Starting at 9.95%