Nova Scotia Mortgage Rates.

As of April 18th, 2021
Today's Best 5-Year Rate Nova Scotia
1.64%
Fixed
1.15%
Variable
Find Out More

Nova Scotia Mortgage Rates

Find the most up to date mortgage rates tailored to your needs. Just adjust the values below.

I am looking to get rates for:
Term Length
Type
Home Price
Downpayment
%
Mortgage Amount
Amortization
Years
LenderRateMonthly Payment
Citadel Mortgages
Citadel Mortgages
Get This Rate
1.64%
$1,829
motusbank
motusbank
1.89%
$1,883
Canada Life
Canada Life
2.02%
$1,912
Equitable
Equitable
Get This Rate
2.04%
$1,916
First National
First National
Get This Rate
2.09%
$1,927
Peoples Bank
Peoples Bank
Get This Rate
2.09%
$1,927
Tangerine
Tangerine
2.14%
$1,938
Canadian Western
Canadian Western
2.14%
$1,938
HSBC
HSBC
2.19%
$1,949
Laurentian
Laurentian
Get This Rate
2.20%
$1,951
National
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.

Mortgage Rates By City

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.