COUNTRYSIDE FINANCIAL LENDER’S MORTGAGE RATES AS OF

26 March 2025

Bank of Canada Benchmark Rate is currently 5.25% -> [http://www.bankofcanada.ca/rates/daily-digest/]

Bank of Canada Prime Lending Rate with mortgage lenders is currently 4.95% (TD Canada Trust prime is 5.10%) as at 12 Mar 2025.

Current CMHC Mortgage Loan Insurance Premiums -> https://www.cmhc-schl.gc.ca/en/co/moloin/moloin_005.cfm

FIXED RATE TRADITIONAL MORTGAGES – INSURED (HIGH-RATIO 5-20% D/P OR LOW-RATIO INSURED/INSURABLE)

Term Bank Posted Rate Best Rate
1 year [6 month] 7.74% [7.84%] 6.49% [7.55%]
2 years 7.34% 5.39%
3 years 6.94% 4.49% *HIGH-RATIO QC SPECIAL 3.99%*
4 years 6.74% 4.49%
5 years 6.79% 4.04-4.34% *HIGH-RATIO QC SPECIAL 3.99%*  
7 years 7.10% 5.74%   
10 years 7.25% 5.84%

FIXED RATE TRADITIONAL MORTGAGES – UNINSURED (CONVENTIONAL >20% D/P; REFINANCE, RENTAL PROPERTY, >25 YEAR AMORTIZATION).

Term Bank Posted Rate Best Rate
1 year [6 month] 7.74% [7.84%] 6.63% [7.65%]
2 years 7.34% 5.44%
3 years 6.94% 4.54%
4 years 6.74% 4.54%
5 years 6.79% 4.39% *Low LTV From 4.14%*
7 years 7.10% 5.79%
10 years 7.25% 5.89%
 OAC. All rates & rules subject to change without notice.  Special discounted rates may be subject to certain terms & conditions. These rates are provided for informational purposes as rates available in the marketplace; please get in touch with us to see your eligibility for any promo’s or additional discounts. 

VARIABLE RATE TRADITIONAL MORTGAGES

VARIABLE RATE TRADITIONAL MORTGAGES – INSURED (HIGH-RATIO 5-20% D/P OR LOW-RATIO INSURED/INSURABLE)

Term Bank Posted Rate Our Rate
Prime Rate 4.95% | TD is 5.10% 4.95% | TD is 5.10%
3 Year N/A N/A
5 Year Prime % Prime -.70%
Open Prime + .80% Prime + .80%

VARIABLE RATE TRADITIONAL MORTGAGES – UNINSURED (CONVENTIONAL >20% D/P; REFINANCE, RENTAL PROPERTY, >25 YEAR AMORTIZATION)

Term Bank Posted Rate Our Rate
Prime Rate 4.95% | TD is 5.10% 4.95% | TD is 5.10%
3 Year N/A N/A
5 Year Prime % Prime – .30%
Open Prime + .80% Prime + .80%
Home Equity Line of Credit Prime + 1.0% Prime + .50% & Up
2nd Mtg – Home Equity Line of Credit Prime + 1.0% Prime + 1.0% & Up
 OAC. All rates & rules subject to change without notice.  Special discounted rates may be subject to certain terms & conditions. These rates are provided for informational purposes as rates available in the marketplace; please get in touch with us to see your eligibility for any promo’s or additional discounts. 

REVERSE MORTGAGES

Realtor Info Sheet from Candace

CHIP | Equitable
6 month Traditional Banks 6.49-7.79%
1 year Cannot 6.79-8.14%
3 years Help You 6.69-8.14%
5 years With A Reverse Mortgage! 6.49-7.74%

Variable No Bank Rate Prime + 2.65-3.49%

PRIVATE LENDING & PERSONAL LOANS

PRIVATE MORTGAGE – RATE & FEE DETERMINED CASE BY CASE – Please contact us for more details.