5-Year Variable Mortgage Rates

Updated May 25th, 2020

Best 5-Year Variable Rate
2.03%
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Type:
5-Year
Term:
Home Price:
Downpayment:
%
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Best 5-Year Variable Rate
2.03%
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LenderRateWeekly ChangeMonthly Payment
Pololoans
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2.03%
5-YEAR VARIABLE
-0.01%
$2,020
MtgAlliance
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2.20%
5-YEAR VARIABLE
No change
$2,020
+$40
HSBC
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2.25%
5-YEAR VARIABLE
No change
$2,020
+$51
TD
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2.35%
5-YEAR VARIABLE
No change
$2,020
+$75
RBC
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2.45%
5-YEAR VARIABLE
No change
$2,020
+$99
CIBC
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2.45%
5-YEAR VARIABLE
No change
$2,020
+$99
BMO
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2.45%
5-YEAR VARIABLE
No change
$2,020
+$99
Desjardins
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2.45%
5-YEAR VARIABLE
No change
$2,020
+$99
Tangerine
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2.45%
5-YEAR VARIABLE
No change
$2,020
+$99
CMLS
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2.95%
5-YEAR VARIABLE
No change
$2,020
+$220

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.