Check out BMO’s current mortgage rates and find the one that's best for you. Explore our variable rates, fixed rates, and specials.
Here are current popular purchase and switch rates for select fixed and variable rate closed term mortgages: TermSpecial OffersAPR2 3 Year Fixed 4.890% 4.930% 5 Year Fixed 4.890% 4.920% 5 Year Variable RBC Prime Rate - 0.500% (5.450%) 5.480% High...
The current CIBC Prime rate is as of Get personalized mortgage advice We'll help you find a mortgage rate and term to match your goals. Book a meeting Opens in a new window.Where are you in your home ownership journey? I’m a first-time home buyer I’m a newcomer to Canada I alrea...
View the Current Prime Rate, Prime Lending Rate Graph and Lending Rate Table with historical lending rate history.
How it's used:The prime rate is an important index used by banks to set rates on many consumer loan products, such as credit cards or auto loans. If you see that the prime rate has gone up, your variable credit card rate will soon follow....
After the Introductory Fixed Rate Period or 2 or 5 years, the Annual Percentage Rate (APR) can change monthly and is based on Wall Street Journal Prime Rate plus a margin based on established credit qualifications. If the Introductory Fixed Rate product was not in effect, a reasonably current...
**The prime rate is the highest prime rate published in the Money Rates Table of the Wall Street Journal on the last business day of each quarter. Prime is a variable rate; as it changes, the APR on your account will also change. The maximum APR that can apply is 18.00%. Credit is...
SEE RATES 8.99% - 10.99% OAC DesjardinsSEE RATES 8.99% - 10.49% OAC CIBCSEE RATES 7.99% - 9.99% OAC National Bank of CanadaSEE RATES 7.59% - 9.99% OAC General BankSEE RATES 8.99% - 10.99% OAC Scotia Dealer Advantage Non-PrimeSEE RATES 10.99% - 29.99% OAC iA Auto Finance SEE RATES...
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lenders look at theprime rate—the lowest rate banks offer for loans—which typically follows trends set by the Federal Reserve’sfederal funds rate, currently set at a range of 5.25% - 5.50%. Fed Funds rates are typically stated in this type of range, which varies that rate by 0.25 perc...