Nova Scotia rates
Mortgage rates in Nova Scotia
Today's fixed and variable rates for Nova Scotia homebuyers and homeowners, in CAD. Your rate depends on your profile, property, and whether your mortgage is insured.
4.45%
Prime rate
3.25%
5-yr GoC bond yield
5.25%
Benchmark qualifying rate
Nova Scotia rates
Today's Nova Scotia mortgage rates
| Term | Type | Insured | Uninsured | Notes | |
|---|---|---|---|---|---|
| 1-year | Fixed | 5.59% | 5.79% | Maximum flexibility | Get this rate |
| 2-year | Fixed | 5.14% | 5.34% | - | Get this rate |
| 3-year | Fixed | 4.94% | 5.09% | Shorter commitment | Get this rate |
| 4-year | Fixed | 4.89% | 5.04% | - | Get this rate |
| 5-year | Fixed | 4.79% | 4.99% | Most popular | Get this rate |
| 5-year | Variable | 5.20% | 5.40% | Prime − 0.90% | Get this rate |
Illustrative, in CAD, and subject to change. Insured rates require qualifying default insurance (typically less than 20% down). Your rate is subject to qualification, the stress test, and approval. Not an offer of credit.
Closing costs
Buying in Nova Scotia
Nova Scotia charges land transfer tax on a home purchase. Rate varies by municipality (Halifax shown).
On a $500,000 home
$7,500
Estimated land transfer tax
FAQ
Nova Scotia mortgage questions
The lowest advertised rate isn't always the best fit - your rate depends on your down payment, credit, property type, and whether the mortgage is insured. We shop multiple lenders to find your best overall option.
Across Canada
Rates in other provinces
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