Looking for the best mortgage rates in Atlantic Canada?
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At True North Mortgage, our experienced mortgage brokers understand that every situation is unique. In the past few years, the housing markets in Atlantic Canada have seen the most growth nationally — and we want to help you get your lowest mortgage rate to save the most.
We know area markets inside and out, and our large volume allows us to pass along a rate discount. We have better rates than competitors and can often lower your rate from your bank!
Banks 'bank' on your business and typically offer higher rates because of it. Our expert brokers exist to provide you with a better option than having to go it alone. On your behalf, we access several accredited lenders and thousands of products to ensure you have the best rate and mortgage — which impacts your savings over the years.
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Contact us today! Ask us questions or get quickly pre-approved to see your best mortgage rate (for which you qualify).
Our rates are 0.20% lower on average compared to everyone else. Prove it? Okay!
Learn MoreSee for yourself how much you can save with our lower rates.
Learn MoreContinually updated. Will we see the pace of rate cuts increase this year? CEO Dan…
Learn MoreThinking of buying a home, renewing or refinancing? Now's the time to contact us. We'll hold your rates before they change. If they go up, your rate is protected for up to 4 months (depending on the lender). If they go down, your expert True North broker also helps ensure your rate hold declines.
A rate hold helps you; you can't go back to yesterday's rate if it was lower before you called us. Get peace of mind while you house-shop or figure out the best way forward, such as finding your perfect home, getting together a down payment or improving your credit (we help with all of that, too!).
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The best mortgage broker in Halifax. Why True North Mortgage? Because Canadian homeowners like you…
Learn MoreFinding a mortgage on your own can be difficult. The options are often overwhelming, and many online tools can be misleading or lack important information. We make the whole process simple and clear for your best mortgage experience, ever.
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We have the most 5-star reviews in the industry for a reason — we save you money and time while helping with all your mortgage needs in your preferred language.
Give us a shout or apply online today!
For Atlantic Canada - Last Updated Sep 04 2024
2024 (average)
4.84%
6.73%
July
4.64%
5.79%
June
4.69%
6.89%
May
4.84%
6.89%
April
4.94%
6.89%
March
4.89%
6.89%
February
4.96%
6.89%
January
4.95%
6.89%
2023 (average)
5.06%
6.33%
December
5.09%
6.89%
November
5.49%
6.89%
October
5.64%
6.89%
September
5.59%
6.89%
August
5.39%
6.89%
July
5.22%
6.39%
June
4.94%
5.92%
May
4.57%
5.84%
April
4.84%
5.84%
March
4.70%
5.84%
February
4.67%
5.84%
January
4.54%
5.84%
2022 (average)
4.09%
4.82%
December
4.69%
5.82%
November
4.92%
5.74%
October
5.01%
5.70%
September
4.59%
5.54%
August
4.44%
5.54%
July
4.49%
5.54%
June
4.52%
5.08%
May
4.12%
4.66%
April
3.80%
4.25%
March
3.17%
3.64%
February
2.76%
3.22%
January
2.62%
3.07%
2021 (average)
1.97%
2.42%
December
2.49%
2.94%
November
2.49%
2.92%
October
2.29%
2.66%
September
1.94%
2.39%
August
1.89%
2.39%
July
1.89%
2.39%
June
1.89%
2.39%
May
1.89%
2.29%
April
1.89%
2.29%
March
1.89%
2.29%
February
1.62%
2.06%
January
1.52%
1.99%
2020 (average)
2.13%
2.43%
December
1.59%
1.99%
November
1.69%
1.99%
October
1.69%
2.04%
September
1.87%
2.05%
August
1.97%
2.23%
July
2.09%
2.42%
June
2.09%
2.42%
May
2.30%
2.64%
April
2.56%
2.87%
March
2.41%
2.69%
February
2.61%
2.86%
January
2.70%
3.02%
2019 (average)
2.85%
3.10%
December
2.65%
2.93%
November
2.54%
2.92%
October
2.62%
2.94%
September
2.50%
2.84%
August
2.62%
2.79%
July
2.70%
2.90%
June
2.70%
2.90%
May
2.89%
3.09%
April
3.02%
3.21%
March
3.18%
3.37%
February
3.35%
3.58%
January
3.39%
3.68%
2018 (average)
3.17%
3.61%
December
3.39%
3.80%
November
3.40%
3.83%
October
3.33%
3.67%
September
3.24%
3.66%
August
3.24%
3.66%
July
3.15%
3.59%
June
3.15%
3.59%
May
3.15%
3.59%
April
3.00%
3.54%
March
3.00%
3.54%
February
3.04%
3.48%
January
2.92%
3.38%
2017 (average)
2.53%
2.88%
December
2.79%
3.29%
November
2.72%
3.29%
October
2.84%
3.27%
September
2.75%
3.15%
August
2.59%
2.99%
July
2.57%
2.80%
June
2.39%
2.49%
May
2.24%
2.54%
April
2.29%
2.62%
March
2.39%
2.72%
February
2.39%
2.72%
January
2.44%
2.74%
2016 (average)
2.33%
2.57%
December
2.42%
2.69%
November
2.20%
2.47%
October
2.11%
2.42%
September
2.29%
2.49%
August
2.29%
2.49%
July
2.29%
2.49%
June
2.29%
2.59%
May
2.34%
2.59%
April
2.36%
2.59%
March
2.39%
2.69%
February
2.44%
2.69%
January
2.49%
2.69%
2015 (average)
2.52%
2.66%
December
2.52%
2.69%
November
2.52%
2.69%
October
2.49%
2.59%
September
2.49%
2.59%
August
2.49%
2.59%
July
2.49%
2.59%
June
2.49%
2.59%
May
2.49%
2.59%
April
2.51%
2.66%
March
2.51%
2.66%
February
2.62%
2.82%
January
2.62%
2.82%
2014 (average)
2.98%
3.07%
December
2.74%
2.89%
November
2.92%
2.99%
October
2.92%
2.99%
September
2.92%
2.99%
August
2.92%
2.99%
July
2.92%
2.99%
June
2.97%
3.04%
May
2.97%
3.04%
April
2.97%
3.04%
March
3.02%
3.16%
February
3.14%
3.29%
January
3.31%
3.41%
2024 (average)
5.89%
7.18%
July
5.50%
6.70%
June
5.75%
7.05%
May
5.99%
7.30%
April
5.99%
7.30%
March
5.99%
7.30%
February
5.99%
7.30%
January
5.99%
7.30%
2023 (average)
5.77%
6.96%
December
5.99%
7.30%
November
5.99%
7.30%
October
5.99%
7.30%
September
5.99%
7.30%
August
5.99%
7.30%
July
6.00%
7.19%
June
5.75%
6.85%
May
5.50%
6.60%
April
5.50%
6.60%
March
5.50%
6.60%
February
5.50%
6.60%
January
5.50%
6.60%
2022 (average)
2.91%
3.77%
December
5.25%
6.28%
November
4.75%
5.70%
October
4.75%
5.70%
September
4.25%
4.95%
August
3.50%
4.45%
July
3.20%
4.45%
June
2.59%
3.35%
May
2.15%
2.75%
April
1.65%
2.45%
March
1.13%
1.85%
February
0.99%
1.65%
January
0.99%
1.55%
2021 (average)
1.32%
1.58%
December
1.05%
1.55%
November
1.0%
1.55%
October
1.35%
1.55%
September
1.35%
1.55%
August
1.35%
1.55%
July
1.35%
1.55%
June
1.35%
1.55%
May
1.35%
1.55%
April
1.35%
1.55%
March
1.35%
1.55%
February
1.44%
1.65%
January
1.50%
1.75%
2020 (average)
2.04%
2.24%
December
1.65%
1.78%
November
1.70%
1.80%
October
1.70%
1.90%
September
1.80%
1.88%
August
1.80%
2.00%
July
1.95%
2.04%
June
1.95%
2.04%
May
2.05%
2.20%
April
2.06%
2.38%
March
2.38%
2.61%
February
2.75%
3.10%
January
2.75%
3.10%
2019 (average)
2.75%
3.20%
December
2.75%
3.10%
November
2.75%
3.10%
October
2.75%
3.10%
September
2.75%
3.10%
August
2.75%
3.10%
July
2.75%
3.10%
June
2.75%
3.10%
May
2.73%
3.20%
April
2.75%
3.20%
March
2.75%
3.40%
February
2.75%
3.45%
January
2.75%
3.45%
2018 (average)
2.38%
2.90%
December
2.75%
3.35%
November
2.75%
3.25%
October
2.56%
3.06%
September
2.41%
2.80%
August
2.41%
2.80%
July
2.41%
2.80%
June
2.21%
2.60%
May
2.21%
2.60%
April
2.21%
2.85%
March
2.21%
2.85%
February
2.21%
2.85%
January
2.17%
2.94%
2017 (average)
1.90%
2.47%
December
1.98%
2.75%
November
1.98%
2.75%
October
2.05%
2.75%
September
2.15%
2.69%
August
1.90%
2.50%
July
1.93%
2.50%
June
1.75%
2.25%
May
1.75%
2.25%
April
1.77%
2.25%
March
1.80%
2.30%
February
1.80%
2.30%
January
1.90%
2.30%
2016 (average)
2.04%
2.30%
December
1.90%
2.30%
November
1.90%
2.30%
October
1.90%
2.30%
September
1.95%
2.30%
August
1.95%
2.30%
July
1.95%
2.30%
June
2.15%
2.30%
May
2.15%
2.30%
April
2.15%
2.30%
March
2.15%
2.30%
February
2.15%
2.30%
January
2.15%
2.30%
2015 (average)
1.98%
2.19%
December
2.13%
2.20%
November
2.04%
2.16%
October
1.90%
2.05%
September
1.90%
2.05%
August
1.90%
2.05%
July
1.90%
2.25%
June
2.05%
2.25%
May
2.00%
2.25%
April
2.00%
2.25%
March
2.00%
2.25%
February
2.00%
2.25%
January
1.98%
2.28%
2014 (average)
2.38%
2.49%
December
2.15%
2.35%
November
2.30%
2.50%
October
2.30%
2.50%
September
2.40%
2.50%
August
2.40%
2.50%
July
2.40%
2.50%
June
2.40%
2.50%
May
2.40%
2.50%
April
2.40%
2.50%
March
2.45%
2.50%
February
2.50%
2.50%
January
2.50%
2.50%
In the first quarter of 2024, the Atlantic housing market held a marginal 1.8% increase in sales provincially over last year, with only Moncton (-4.0%) and Newfoundland (-9.0%) logging decreases.
The average home price is also up 8% over last year at $360,789, despite slight declines early in the year — though prices were up by about 20% in both Moncton and Saint John.
Most area markets are also tilted to favour sellers. Despite new listings increasing this quarter by an average of about 10%, enough buyers emerged, looking for a deal.
As Canada's previously most undervalued market, the Atlantic provinces and centres have seen substantial growth in the past few years and are expected to show continued resilience, weathering higher interest rates and economic volatility with continued population gains.
Will housing activity and home-price pressures increase this year, especially if interest rates look to start their decline?
Data Source: Sagen Housing Market Updates
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Learn MoreMortgage Rates are different across Canada. Rates are shown based on your location. If you're planning to purchase out-of-province, be sure to choose rates where the property will be located.
True North Mortgage can efficiently complete your mortgage anywhere you are in Canada — online, over the phone or at our store locations.