Current Interest Rates in Canada for Mortgages

 

Interest Rates as of June 29, 2022

5 Year Fixed Rate Mortgages – insured or insurable are between 4.5%- 5.00%

5 Year Fixed Rate Mortgages -uninsurable are at 5.00% +

Variable rate discounts are prime – 1% for insured and prime – 0.4% uninsured.