3-Year Variable Mortgage Rates

As of December 4th, 2020
Best 3-Year Variable Rate
2.35%result
Get This Rate
Mortgage Term:

Number of Years

Fixed or Variable

Mortgage Reason:
Home Price:
Downpayment:
%
Mortgage Amount:
Click to Open Additional Options
LenderRateWeekly ChangeMonthly Payment
Citadel Mortgages
Citadel Mortgages
Get This Rate
2.35%
3-YEAR VARIABLE
No change
$2,095
CIBC
CIBC
2.45%
3-YEAR VARIABLE
No change
$2,119
CMLS
CMLS
Get This Rate
2.95%
3-YEAR VARIABLE
No change
$2,240
Scotiabank
Scotiabank
Get This Rate
3.35%
3-YEAR VARIABLE
No change
$2,340
DUCA
DUCA
Get This Rate
3.55%
3-YEAR VARIABLE
0.10%
$2,391
Alterna Savings
Alterna Savings
3.55%
3-YEAR VARIABLE
No change
$2,391
BMO
BMO
4.15%
3-YEAR VARIABLE
No change
$2,547

Notes

  • Weekly rate changes based on data from November 27th 2020.
  • These rates are for Prime customers. To qualify, you generally need a good credit score and a steady job.
  • The following rates may not be valid for uninsured mortgages.

Mortgages Rates Between Different Provinces

Mortgage rates in Canada can differ from province to province depending on the availability of lenders, local housing market and mortgage conditions, and provincial regulations. While the Big 5 Banks offer mortgages in every province, many smaller lenders including credit unions, B lenders, and private mortgage lenders often operate in a single province only. A lender offering the best rate in Ontario may not be available in Saskatchewan, for example. Similarly, a smaller number of lenders in a province could mean less competition, leading to higher rates in general.

ProvinceBest 3-Year Variable Rate
Alberta Alberta
British Columbia British Columbia
Ontario Ontario
Quebec Quebec
Manitoba Manitoba
Saskatchewan Saskatchewan
Nova Scotia Nova Scotia
New Brunswick New Brunswick
Prince Edward Island Prince Edward Island
Newfoundland & Labrador Newfoundland & Labrador

While we try our best to get you the best rates, we cannot guarantee that they are always accurate. WOWA assumes no liability for the accuracy of the information presented, and will not be held responsible for any damages resulting from its use.