Rates

myNexus Mortgage Rates

Size Mortgage

Term

Rates From

Payment as low as

3 Year Fixed

4.24%

$4415/ mo

5 Year Fixed

4.29%

$2755 / mo

5 Year Variable

4.04%

$795 / mo

**Rates are subject to change without notice, please contact us to get your custom rate quote.

Our Featured Rates

4.24%

3 year fixed

High Ratio Purchase/ Transfer

4.29%

5 year fixed

High Ratio Purchase/ Transfer

4.04%

5 year Variable

High Ratio Purchase/ Transfer

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The Significance of Mortgage Rates in Home Financing

Mortgage rates play a critical role in home financing in Canada, as they directly affect the affordability of the process. These rates impact both the overall cost of financing and the size of monthly payments, as well as long-term savings. By securing the best finance rates available in Canada, homeowners can enjoy substantial financial benefits, such as reduced monthly payments or a shorter loan term. Staying informed about current finance mortgage rates and partnering with local mortgage brokers is essential to obtaining the most favorable rates that align with your financial goals, ultimately improving your financial health.