Scotiabank also dropped their mortgage rates this week after the Bank of Canada’s cut last week, and follows the other big banks move to drop rates as well.
| 6 month flexible closed | 4.75% | -0.30% |
| 6 month open | 6.60% | -0.30% |
| 1 year open | 6.95% | -0.30% |
| 1 year closed | 4.90% | 0.00% |
| 2 year closed | 4.50% | -0.30% |
| 3 year closed | 4.65% | -0.30% |
| 4 year closed | 4.85% | -0.30% |
| 5 year closed | 5.25% | -0.20% |
| 7 year closed | 6.70% | -0.20% |
| 10 year closed | 7.05% | 0.00% |
Specials *
Scotiabank offers the following special discounted rates(*) on residential
mortgage:
| 1 year fixed closed | 2.90% | 0.00% |
| 5 year fixed closed | 3.95% | 0.00% |
| 10 year fixed closed | 5.25% | 0.00% |
(*) The special discounted rates are not the posted rates of Scotiabank.
Rates are subject to change without notice. Offers may be withdrawn
or extended without notice and cannot be combined with any other rate
discounts, offers, or promotions. Mortgage funds must be advanced
within 120 days of the application date. Other conditions may apply.
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