Current Mortgage Rates:
“A” Lending Rates:
Fixed 4.24% (insured) | 4.44% (conventional)
Variable 4.10% (insured) | 4.55% (conventional)
Rental 5.09% (fixed) | 5.09% (variable)
Prime Rate 4.95%
“B” Lending Rates:
1 year 5.04% to 5.34%
2 years 4.84% to 5.14%
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%
Next Bank of Canada rate announcement: Sep 17, 2025
Brian Madigan LL.B., Broker