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Current Mortgage Rates in Nova Scotia

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

Broker Mortgage Rates Minimize Table Maximize Table
TERM FIXED
1-yr 2.84% CIBC Compare all rates
2-yr 2.39% HSBC Compare all rates
3-yr 2.79% Sullivan Mortgage Group
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4-yr 2.79% Sullivan Mortgage Group
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5-yr 2.79% Sullivan Mortgage Group
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6-yr 4.62% PC Financial Compare all rates
7-yr 3.54% CIBC Compare all rates
8-yr 5.09% PC Financial Compare all rates
9-yr 5.40% PC Financial Compare all rates
10-yr 4.14% Bank of Montreal Compare all rates
TERM VARIABLE
1-yr
2-yr
3-yr 2.40%
Prime - 0.55
Sullivan Mortgage Group
Compare all rates
4-yr
5-yr 2.20%
Prime - 0.75
Sullivan Mortgage Group
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6-yr
7-yr
8-yr
9-yr
10-yr
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HELOC Rates Minimize Table Maximize Table
HELOC 3.45%
Prime + 0.50
Laurentian Compare all rates
ALL-IN-ONE 3.45%
Prime + 0.50
Manulife Compare all rates
Cash back mortgage Minimize Table Maximize Table
5-yr 4.79%
5% Cash Back
Laurentian Compare all rates
7-yr 6.04%
1% Cash Back
PC Financial Compare all rates
10-yr 7.00%
1% Cash Back
PC Financial Compare all rates
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Open mortgage rates Minimize Table Maximize Table
TERM FIXED
1-yr 4.00% TD Bank Compare all rates
3-yr
5-yr
TERM VARIABLE
1-yr
3-yr 4.15%
Prime + 1.20
Bank of Montreal Compare all rates
5-yr 3.75%
Prime + 0.80
Scotiabank Compare all rates
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Bank Mortgage Rates Minimize Table Maximize Table
TERM FIXED
1-yr 2.84% CIBC Compare all rates
2-yr 2.39% HSBC Compare all rates
3-yr 2.74% Tangerine Compare all rates
4-yr 2.84% Tangerine Compare all rates
5-yr 2.69% HSBC Compare all rates
10-yr 4.14% Bank of Montreal Compare all rates
TERM VARIABLE
1-yr
2-yr
3-yr 2.95%
Prime - 0.00
Laurentian Compare all rates
4-yr
5-yr 1.99%
Prime - 0.96
HSBC Compare all rates
10-yr
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Nova Scotia Housing Market Forecasts1

Nova Scotia’s economic growth rate will decrease over the next two years as there is a pullback in investment spending in the energy sector. The remaining growth will come from increasing energy prices. A few possible infrastructure and energy projects in Halifax will push the economic growth for the province should they occur. The strong Canadian dollar will continue to negatively affect Nova Scotia manufacturers and exporters.

Metropolitan Area Year Housing Starts MLS Total Sales MLS Average Sale Price
Halifax
2016(*) 2200 5100 $286,000
2017(*) 2425 5250 $288,000
St. John's
2016(*) 850 3150 $291,500
2017(*) 775 3000 $280,000

Nova Scotia Mortgage Brokers

If you want current, personal advice simply click on the link above to connect with a mortgage broker near you. Nova Scotia mortgage brokers can help by giving you advice on current mortgage deals, your credit history, or help you with a special type of mortgage like cash back or HELOC. Brokers can also help with information on home purchases, lenders, current interest rates, and great mortgage solutions.

References and Notes

  1. CMHC

Current Mortgage Rates by Province