Nova Scotia Mortgages
Nova Scotia Rates
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| Term | Lowest Fixed Rate | Lowest Variable Rate | ||
| 1-Year |  |
2.49% | ||
| 3-Year | |
2.49% |  |
3.95% |
| 5-Year |  |
2.48% | |
2.70% |
| 10-Year |  |
2.99% | ||
Land transfer tax rates in Nova Scotia vary in different municipalities. Please click Learn more below for more information.
Mortgage default insurance or CMHC insurance is required in Canada for down payments of less than 20%.
| Down payment (% of home) | ||||
| 5%-9.99% | 10%-14.99% | 15-19.99% | 20% or higher | |
| CMHC insurance premium | 2.75% | 2.00% | 1.75% | 0.00% |
Additional criteria as of July 9th, 2012:
- The maximum amortization available on an insured mortgage (less than 20% down) is 25 years.
- Homes sold for more than $1,000,000 do not qualify for CMHC insurance and, therefore, require a down payment of at least 20%.
Nova Scotia Mortgage Brokers
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Office Address: 590 Gatehouse Run
Halifax, Nova Scotia
B4B 0B6Mortgage Provider: 
Sullivan Mortgage Group
Nova Scotia Mortgage Calculators
Nova Scotia First Time Home Buyer Freebies
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First time home buyer Tax Credit Get $750 dollars back on your personal tax return.
Learn more -
RRSP Home buyers Plan Access up to $25,000 from
Learn more
your RRSP tax-free.
Nova Scotia Blog Articles
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