Current Mortgage Rates in NWT

We shop the most competitive brokers, lenders and banks in NWT to bring you today's lowest interest rates, free of charge! Our comparison charts list current NWT rates, and are updated on a daily basis. To compare a certain category, click on the "See All" button for more details.

Rates Updated: 18 May, 2013 9:12 PM

Bank of Canada Rates
Prime rate Prime rate Variable mortgage rates are quoted as Prime plus or minus a constant. For example: Prime + .10% or Prime - 0.90%. When there is a change in the prime rate, your variable rate mortgage adjusts accordingly.		3.00%	Qualifying rate Qualifying rate For a variable mortgage or fixed mortgage with a 1-4 year term, lenders are required to use the qualifying rate when determining how much you can afford. Therefore if say, a variable rate increases in the future, you will still be able to afford your mortgage payments.		5.14%

Closed mortgage rates - NWT Closed mortgage rates Closed mortgage rates are the most popular, standard form in Canada. A closed mortgage simply means you pay off your principal on a pre-determined schedule. If you want to put a lump sum against your principal beyond your pre-payment options, you will incur a penalty.
Term	Lowest Fixed Mortgage Rates			Lowest Variable Mortgage Rates
1-Year	Manulife One	3.00%	See All
2-Year	Scotiabank	2.69%	See All
3-Year	ING Direct	2.79%	See All	Laurentian	3.20% Prime + 0.20	See All
4-Year	ING Direct	2.99%	See All
5-Year	ING Direct	3.08%	See All	MCAP	2.90% Prime - 0.10	See All
6-Year	PC Financial	3.69%	See All
7-Year	Scotiabank	3.49%	See All
8-Year	PC Financial	4.12%	See All
9-Year	PC Financial	4.21%	See All
10-Year	Scotiabank	3.69%	See All

HELOC Rates - NWT HELOC Rates A HELOC rate is a variable interest rate on a line of credit that is secured by your home. As the equity in your home grows, you are able to borrow back up to 80% at the HELOC rate.
HELOC HELOC Rates A HELOC rate is a variable interest rate on a line of credit that is secured by your home. As the equity in your home grows, you are able to borrow back up to 80% at the HELOC rate.	MCAP	3.50% Prime + 0.50	See All
All-in-One All-in-One HELOC An 'All-in-One' rate is one that combines a HELOC with your savings and deposit accounts. So, any deposits offset your debt in a daily interest calculation.	Manulife One	3.50% Prime + 0.50	See All

Cash back mortgage - NWT Cash back mortgage A cash back mortgage returns a lump sum, usually 3-7%, when your mortgage closes. If your principal is, for example, $300,000, a 5% cash back would return to you $15,000 when your mortgage closes.
5-Year	PC Financial	5.09% 5% Cash Back	See All
6-Year	TD Bank	6.16% 5% Cash Back	See All
7-Year	PC Financial	5.34% 5% Cash Back	See All
10-Year	PC Financial	5.64% 5% Cash Back	See All

Open mortgage rates - NWT Open mortgage rates Open mortgage rates allow you to pay off as much of your principal as you please whenever you wish, without penalty. Open mortgage rates are less popular than closed mortgage rates, but are often used for a short-term mortgage.
Term	Lowest Fixed Mortgage Rates			Lowest Variable Mortgage Rates
1-Year	Laurentian	6.30%	See All
3-Year				Bank of Montreal	4.00% Prime + 1.00	See All
5-Year				Scotiabank	3.80% Prime + 0.80	See All

Bank Mortgage Rates - NWT Bank Mortgage Rates Bank mortgage rates are simply rates offered by the big Canadian banks. You should always compare these against the best available rates on the market.
Term	Lowest Fixed Mortgage Rates			Lowest Variable Mortgage Rates
1-Year	TD Bank	3.00%	See All
2-Year	Scotiabank	2.69%	See All
3-Year	ING Direct	2.79%	See All	Laurentian	3.20% Prime + 0.20	See All
4-Year	TD Bank	2.99%	See All
5-Year	ING Direct	3.08%	See All	Scotiabank	3.00% Prime - 0.00	See All
10-Year	ING Direct	3.69%	See All

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Current Mortgage Rates in NWT

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Closed mortgage rates - NWT

HELOC Rates - NWT

Cash back mortgage - NWT

Open mortgage rates - NWT

Bank Mortgage Rates - NWT

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