5-Year Fixed Mortgage Rates

Updated May 25th, 2020

Best 5-Year Fixed Rate
2.23%
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Type:
5-Year
Term:
Home Price:
Downpayment:
%
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Best 5-Year Fixed Rate
2.23%
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LenderRateWeekly ChangeMonthly Payment
Pololoans
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2.23%
5-YEAR FIXED
-0.04%
$2,067
HSBC
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2.44%
5-YEAR FIXED
No change
$2,067
+$50
MtgAlliance
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2.49%
5-YEAR FIXED
No change
$2,067
+$62
Equitable
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2.49%
5-YEAR FIXED
No change
$2,067
+$62
MCAP
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2.54%
5-YEAR FIXED
No change
$2,067
+$74
FN
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2.54%
5-YEAR FIXED
No change
$2,067
+$74
Scotiabank
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2.59%
5-YEAR FIXED
No change
$2,067
+$86
Tangerine
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2.69%
5-YEAR FIXED
No change
$2,067
+$110
DUCA
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2.79%
5-YEAR FIXED
No change
$2,067
+$134
BMO
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2.87%
5-YEAR FIXED
No change
$2,067
+$154
CMLS
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2.89%
5-YEAR FIXED
No change
$2,067
+$159
TD
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2.97%
5-YEAR FIXED
No change
$2,067
+$178
CIBC
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2.97%
5-YEAR FIXED
No change
$2,067
+$178
RBC
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2.99%
5-YEAR FIXED
No change
$2,067
+$183
Desjardins
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2.99%
5-YEAR FIXED
No change
$2,067
+$183
Manulife
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3.05%
5-YEAR FIXED
No change
$2,067
+$198
Lauretian
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3.09%
5-YEAR FIXED
No change
$2,067
+$208
National
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5.04%
5-YEAR FIXED
No change
$2,067
+$721

Notes

  • Weekly rate changes based on data from May 18th 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.
money
Save over $10,000 on your mortgage.†
2.23%*5-Year Fixed

Lower than the Major Banks

2.87%
2.97%
2.97%
2.99%

* For mortgages of at least $500,000 with down payment under 20%.
WOWA assumes no liability for the accuracy of information presented.
† For mortgages of at least $500,000 over a 25-year amortization period.

While we try our best to get your 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.