Rates

Featured Foreign Exchange Rates (Rates effective 2020-10-23) Buying Selling
United States (USD) 1.3454 1.2784
United Kingdom (Pound) 1.766 1.6686
Euro (EUR) 1.6012 1.5093
Northsave Mortgage Specials* (Rates effective 2020-09-25) Rates
Northsave Mortgage 1 Year Closed 1.79%
Northsave Mortgage 2 Year Closed 1.84%
Northsave Mortgage 3 Year Closed† 1.89%
Northsave Mortgage 4 Year Closed 1.94%
Northsave Mortgage 5 Year Closed 1.99%
Variable Rate Mortgages* (Rates effective 2020-09-25) Rates
3 Year Variable Open 3.45%
5 Year Variable 2.45%
Harvest Term Special* (3 Year Redeemable) (Rates effective 2020-10-01) Rates
Year 1 - Harvest Term 0.35%
Year 2 - Harvest Term 0.45%
Year 3 - Harvest Term 1.10%
Weighted Average Interest Rate 0.63%
Short Term Deposits* (Rates effective 2020-10-01) Rates
30 - 149 Days (under $100,000) 0.05%
150 - 364 Days (under $100,000) 0.15%
30 - 149 Days (over $100,000) 0.15%
150 - 364 Days (over $100,000) 0.25%
Long Term Deposits* (Rates effective 2020-10-01) Rates
12 - 17 Months 0.45%
18 - 29 Months 0.50%
30 - 41 Months 0.60%
42 - 53 Months 1.00%
54 - 60 Months 1.10%
*Rates are subject to change without notice. Rates are based on risk. Rates may be higher depending on the application and type of property selected. See your branch for more details.

The Annual Percentage Rate for a representative mortgage of $300,000, which has an appraisal fee of $450 and lawyer’s fees estimated at $1,400, with interest compounded semi-annually not in advance, with an interest rate of 2.29%, with a 36 month term which will be repaid in 300 months with payments of $1,312.73 per month is 2.494%. If there are no cost of borrowing charges, the APR and the interest rate will be the same. Cost of borrowing for this duration with no altered payments is $21,453.95.