Mortgage rates

See current rates

Protect your rate

Special offers on certain terms

${p1.tauxPromo4ansF|percent:"true"}

Fixed rate¹

4-year
Term

${p1.tac4ans|percent:"true"}*
APR²

${p1.tauxPromo5ansF|percent:"true"}

Fixed rate¹

5-year
Term

${p1.tac5ans|percent:"true"}**
APR²

Save more!

Receive up to $2,500 cash back with a mortgage loan

Discover cashback offer

Rate (%) as at ${p1.tauxDateJour|date:"-"}

How to protect yourself against rising mortgage rates?

A number of factors affect mortgage rates, including amortization period, market conditions and the key rate set by the Bank of Canada. While there are no guarantees that another hike is on the way, the key rate will be revised again on October 30, 2019.

Planning to buy a home in the next few months? It’s easy! Protect your rate online today. There’s no obligation to take out a loan, but your rate will be protected for 90 days⁴—so you can shop for a home with peace of mind.

Still on the fence? A mortgage advisor can help you complete your application so you can enjoy additional savings.

Protect your rate

What you need to know before you buy your dream home

Fixed rate

The interest rate is set when you take out a mortgage and isn't affected by rate fluctuations. Only available on loans.⁴

Perfect if you're looking to:

Make equal payments throughout the duration of the term
Protect yourself from interest rate fluctuations

Variable rate

The interest rate increases and decreases with market fluctuations. Available on loans and lines of credit.⁴

Perfect if you're looking to:

Save on interest if rates go down

Try it out!

Make calculated decisions for an informed purchase.

Try calculators

Fixed-rate loan

Your interest rate is set when you take out a mortgage and isn't affected by interest rate fluctuations. Fixed rates are only offered on mortgage loans.

Rate (%) as at ${p1.tauxDateJour|date:"-"}

Term	Open	Closed
3 months	---	${p1.taux3moisF\|percent:"true"}
6 months	${p1.taux6moisO\|percent:"true"}	${p1.taux6moisF\|percent:"true"}
1 year	${p1.taux1anO\|percent:"true"}	${p1.taux1anF\|percent:"true"}
2 years	---	${p1.taux2ansF\|percent:"true"}
3 years	---	${p1.taux3ansF\|percent:"true"}
4 years	---	${p1.taux4ansF\|percent:"true"} see promo
5 years	---	${p1.taux5ansF\|percent:"true"} see promo

See all fixed-rates

Term	Open	Closed
6 years	---	${p1.taux6ansF\|percent:"true"}
7 years	---	${p1.taux7ansF\|percent:"true"}
10 years	---	${p1.taux10ansF\|percent:"true"}
1 month⁵	---	${p1.taux1moisF\|percent:"true"}

Variable-rate loan

Variable-rate mortgage loans have an interest rate of Prime + ${p2.ecart|percent:"true"}⁶ and are adjusted monthly. They allow you to take advantage of lower interest rates.

Rate (%) as at ${p2.tauxDateJour|date:"-"}

	Reference rate	Difference	Rate in effect
Prime = ${p1.tauxBase}
Variable-rate mortgage (60 month term)	Prime rate	${p2.ecart\|percent:"true"}	${p2.taux5ansO\|percent:"true"}
Capped-rate mortgage (60 month term)	Prime rate⁷ = ${p3.tauxPlafond\|percent:"true"}	${p3.ecart\|percent:"true"}	${p3.taux5ansO\|percent:"true"}

Home equity line of credit

The All-In-One^TM is a line of credit that lets you leverage your home equity to finance new projects, such as renovations or travel. It features a variable interest rate.

Rate (%) as at ${p2.tauxDateJour|date:"-"}

	Prime rate	Difference	Rate in effect	Interest earned
Rate for the home equity line of credit	${p1.tauxBase\|percent}	${p5.ecart\|percent}	${p5.taux\|percent:"true"}	0,25 %⁸
Fixed rate of 7$ per month, per account

See the promo

Interest earned (interest paid on accounts grouped together in the AIO)
Prime = ${p5.tauxBase\|percent:"true"} All-in-one = Prime + ${p5.ecart\|percent:"true"} = ${p5.taux\|percent:"true"} $6.00/month for the main account
$0 to $4,999.99	${p5.interetCredT1\|percent:"true"}
$5,000 to $24,999.99	${p5.interetCredT2\|percent:"true"}
$25,000 to $59,999.99	${p5.interetCredT3\|percent:"true"}
$60,000 to $99,999.99	${p5.interetCredT4\|percent:"true"}
$100,000 or more	${p5.interetCredT5\|percent:"true"}

Quick tip

Your home is one of the biggest purchases you'll make in your life. Our calculators will help you make the right decisions and find the best solution for you!

Little details that matter

Legal disclaimers

TM ALL-IN-ONE is a registered trademark of National Bank of Canada.

1. Rates may differ if the amortization period is more than 25 years. Contact an advisor for more information.

2. APR means "Annual Percentage Rate" and represents the total interest and fees charged by the Bank, expressed as an annual percentage. Because the cost of borrowing consists solely of interest, the APR corresponds to the annual interest rate in effect as at ${p2.tauxDateJour|date:"-"}.

*APR as at ${p2.tauxDateJour|date:"-"}. APR— or Annual Percentage Rate—refers to the total cost of borrowing for a year. It includes the total interest and fees charged by the Bank based on a $300,000 fixed-rate mortgage for a 4-year closed term and 25-year amortization, and assumes a $5/month administration fee and a $330.00 appraisal fee. The appraisal fee may be adjusted or may not be charged as part of the assessment of your mortgage application.

**APR as at ${p2.tauxDateJour|date:"-"}.APR— or Annual Percentage Rate—refers to the total cost of borrowing for a year. It includes the total interest and fees charged by the Bank based on a $300,000 fixed-rate mortgage for a 5-year closed term and 25-year amortization, and assumes a $5/month administration fee and a $330.00 appraisal fee. The appraisal fee may be adjusted or may not be charged as part of the assessment of your mortgage application.

3. Rate guaranteed for up to 90 days following receipt of the request.

4. Subject to credit approval by National Bank of Canada. Certain conditions apply.

5. This term is not available for new loans. It is provided for reference purposes only.

6. Subject to change without notice

7. A capped rate is an interest rate that fluctuates but never exceeds the interest rate cap. The cap is the maximum interest rate you pay on your loan. This rate is offered with a five-year term.

8. Interest income (interest paid on bank accounts grouped under the line of credit).

0,00% for lines of credit of $1 to $4,999.99

0.25% for lines of credit of $5,000 or more

Learn about our mortgage solutions

Mortgage loan

Whether you want the peace of mind that comes with a fixed rate, the potential interest savings of a variable rate, or a combination of the two, we've got the mortgage loan for you.⁴

See our mortgage loans

Home equity line of credit

Buy a home with the All-In-One™ line of credit and leverage your home equity to finance new projects, like renovations or travel.⁸

See the All-In-One line of credit

See all our solutions

Ready to get started?

Get an edge over other buyers and guarantee your interest rate for 90 days³ with a mortgage pre-approval—it's free and there's no obligation to buy.

Get pre-approved

Mortgage rates

Special offers on certain terms

${p1.tauxPromo4ansF|percent:"true"}

${p1.tauxPromo5ansF|percent:"true"}

Save more!

How to protect yourself against rising mortgage rates?

What you need to know before you buy your dream home

Fixed rate

Perfect if you're looking to:

Variable rate

Perfect if you're looking to:

Try it out!

Fixed-rate loan

Variable-rate loan

Home equity line of credit

Little details that matter

Learn about our mortgage solutions

Mortgage loan

Home equity line of credit

Ready to get started?

Find an advisor

Frequently asked questions