Variable Interest Rates

Term Type Our Rates Posted Rates History & Trends
Prime Rate Bank of Canada 2.70% NA Fell + 0.15% in July 2015
Variable Open 2.75% 3.50% No Changes Prime + 0.05%
HELOC Closed 3.20% 3.70% Rose +0.5% December 2010
3 Yr Variable Closed 2.30% 3.75% Fell from -0.10% February 2015
5 Yr Variable Closed 2.20% 3.10% Fell August 2015
5 Yr Variable Closed QC30* 2.20% 3.25% Fell August 2015

Fixed Interest Rates

Term Type Our Rates Posted Rates History & Trends
1 Year Closed 2.29% 3.50% Fell from 2.09% August 2015
2 Year Closed 2.19% 3.55% Fell from 2.29% August 2015
3 Year Closed 2.34% 4.05% Fell from 2.49% August 2015
4 Year Closed 2.39% 4.29% Fell from 2.64% August 2015
5 Year Closed 2.49% 4.89% Fell from 2.64% January 2016
5 Year Closed QC30* 2.39% 4.89% Fell from 2.75% January 2016
7 Year Closed 3.79% 6.35% Rose from 3.79% January 2015
10 Year Closed 3.89% 6.75% Rose from 4.19% December 2015
15 Year Closed 9.15% 9.45% Maintained Since January 2009
18 Year Closed 9.15% 9.45% Maintained Since January 2009
25 Year Closed 9.25% 9.55% Maintained Since January 2009

*The QC30 products refer to applications that fund within 30 days from time of submission to request of funds at lawyers office.