You deserve
a mortgage with MORE

MORE competitive rates

MORE personalized service

MORE ease of application

In this seller’s market we can give you an advantage with a pre-approval for a mortgage on your dream home. Deal directly with our experienced mortgage professionals to go from offer through funding.Peoples Bank is part of Peoples Group. We’ve been serving Canadian homeowner needs for more than 35 years, and have a range of tailored solutions to help you with your financial goals.

Features Include:

We’d love to help you. It’s who we are.

WANT A CALL BACK?

READY TO APPLY NOW

Fill out our comprehensive online application.

Mortgage rates

Residential Mortgages: Posted Rates

Prime Rate 2.45%

Length of term

1 Year fixed rate:    

2.29% | APR*: 2.42%

2 Year fixed rate:    

2.39% | APR*: 2.46%

3 Year fixed rate:    

2.49% | APR*: 2.53%

4 Year fixed rate:    

2.59% | APR*: 2.62%

5 Year fixed rate:    

2.69% | APR*: 2.72%

5 Year fixed rate - PROMOTION - new loans closed in 90 days:    

2.54% | APR*: 2.57%

5 Year adjustable rate = Prime Rate -1.30%:    

1.15% | APR*: 1.18%

Rate

2.29%

2.39%

2.49%

2.59%

2.69%

2.54%

1.15%

APR*

2.42%

2.46%

2.53%

2.62%

2.72%

2.57%

1.18%


*APR (Annual Percentage Rate) means the cost of borrowing expressed as an annualized interest rate including any applicable fees such as service charges and administration fees. The APR figures above are based on a $300,000 mortgage amount, 25 year amortization, monthly mortgage payment, $400 FCT fee, compounded semi-annually for fixed mortgages and monthly for adjustable rate mortgages, high ratio purchase and switch transactions.

Fixed and adjustable rate conventional mortgages (loan to value of 80% or less) are subject to additional rate premiums.

Rates are effective as of 2022-01-13, 11:59pm EST and are subject to change without notice.

These published mortgage rates offered are for owner-occupied or second home properties only and do not apply for rental or investment properties.

* These rates can change without notice. However, if you are arranging a new mortgage or are switching your mortgage to us, your mortgage rate can be guaranteed up to 90 days before the closing date of your home.