Nova Scotia Mortgage Rates
Find the most up to date mortgage rates tailored to your needs. Just adjust the values below.
| Lender | Rate | Monthly Payment |
|---|---|---|
 Citadel Mortgages Get This Rate | 1.64% | $1,829 |
 motusbank | 1.89% | $1,883 |
 Canada Life | 2.02% | $1,912 |
 Equitable Get This Rate | 2.04% | $1,916 |
 First National Get This Rate | 2.09% | $1,927 |
 Peoples Bank Get This Rate | 2.09% | $1,927 |
 Tangerine | 2.14% | $1,938 |
 Canadian Western | 2.14% | $1,938 |
 HSBC | 2.19% | $1,949 |
 Laurentian Get This Rate | 2.20% | $1,951 |
 National | 2.24% | $1,960 |
Notes
- 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.
MoNova Scotia at a Glance
Nova Scotia is known as Canada’s Ocean Playground and is home to 970,000 people. Halifax accounts for just under half of the province’s population and saw tremendous growth in its real estate market towards the end of 2020. Halifax saw a 30% increase in the number of residential sales in October 2020 compared to October 2019, and the total value of all sales increased by 58.2%. The average residential price in Nova Scotia was $304,590 in October 2020, and $388,418 in Halifax.
The Bank of Nova Scotia, also known as Scotiabank, was established in Halifax in 1832. The other Big Banks, including RBC, TD, BMO, and CIBC, all also operate in Nova Scotia. There are 28 credit unions in Nova Scotia that are regulated by the Office of the Superintendent of Credit Unions. East Coast Credit Union is the largest in Nova Scotia, followed by Credit Union Atlantic and iNova Credit Union. These three credit unions offer mortgages.
Mortgage Brokers
There are 103 licensed mortgage brokers operating in Nova Scotia, 83 of which are based in the province. Mortgage brokers are licensed by Service Nova Scotia and Internal Services.
Some examples include Mortgage Managers Brokerage, Lighthouse Mortgages, East Coast Mortgage, Verico Atlantic Mortgage Consultants, JRB Mortgages, and Nesto.
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.