Monthly Mortgage Rates Update

Rising rates have certainly started to have an impact on borrowing—with 5-year mortgages nearing 4%.

On a $400,000 mortgage, 25 year amortization, completing within the next 90 days, owner-occupied, National Bank rates as of today:

Five-year fixed: 3.84%

Four-year fixed: 3.74%

Three-year fixed: 3.54%

Two-year fixed: 3.24%

One-year fixed: 2.99%

Five-year variable: Prime—0.7%

Rates are for information only, subject to change at any time, rates are only guaranteed once an application is submitted to the bank for approval.

- Your Creed Capital Management Team