Peoples Bank Mortgage Rates

Peoples Bank Background

People’s Bank is a financial services provider founded in 1985 and based in Vancouver, British Columbia. The bank is a subsidiary of the Triple Five Group. It offers a variety of services such as lending, investments, mortgages, and other banking services. The bank has $6.93 billion in assets under management.

Peoples Bank Prime Rate

Peoples Bank's Prime Rate is used as the basis for many of Peoples Bank's lending products including variable rate mortgages, lines of credit, and HELOCs. Prime, or P, is normally combined with a spread to make up the final interest rate.

Current Peoples Bank Prime Rate: 2.45%

Peoples Bank Fixed-Rate Mortgages

Mortgage Amount:

Amortization:

10 Years15 Years20 Years25 Years30 Years

Payment Frequency:

MonthlyBi-Weekly

Term	Rate	Monthly Payment
1-Year Fixed	1.84%	$1,664
2-Year Fixed	1.74%	$1,645
3-Year Fixed	1.64%	$1,626
4-Year Fixed	1.74%	$1,645
5-Year Fixed	2.09%	$1,713

The rates shown are for insured mortgages with a downpayment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.

Peoples Bank Variable-Rate Mortgages

Mortgage Amount:

Amortization:

10 Years15 Years20 Years25 Years30 Years

Payment Frequency:

MonthlyBi-Weekly

Term	Rate	Monthly Payment
5-Year Variable	1.45%	$1,590

The rates shown are for insured mortgages with a downpayment of less than 20%. You may get a different rate if you have a low credit score or a conventional mortgage. Rates may change at any time.