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Scotiabank Closed Fixed Rate Mortgage Info & Reviews

Financial Products > Closed Fixed Rate Mortgages > Scotiabank Closed Fixed Rate Mortgage
Detailed information, reviews and ratings for the Scotiabank Closed Fixed Rate Mortgage.
Useful when comparison shopping for a new canadian closed fixed rate mortgage.

Information about the Scotiabank Closed Fixed Rate Mortgage

Product NameScotiabank Closed Fixed Rate Mortgage
Available InCanada (All Provinces)
Offered ByBank of Nova Scotia
Product PageScotiabank Closed Fixed Rate Mortgage
1 Year3.64%  1 Year Decreased from 3.79% to 3.64% on March 16, 2019

Chart of historical values for the Scotiabank Closed Fixed 1 Year Mortgage Rate
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2 Year3.74%  2 Year Decreased from 3.79% to 3.74% on March 16, 2019

Chart of historical values for the Scotiabank Closed Fixed 2 Year Mortgage Rate
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3 Year4.39%  3 Year Decreased from 4.44% to 4.39% on June 22, 2019

Chart of historical values for the Scotiabank Closed Fixed 3 Year Mortgage Rate
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4 Year4.59%  4 Year Increased from 4.49% to 4.59% on October 13, 2018

Chart of historical values for the Scotiabank Closed Fixed 4 Year Mortgage Rate
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5 Year5.19%  5 Year Decreased from 5.34% to 5.19% on June 22, 2019

Chart of historical values for the Scotiabank Closed Fixed 5 Year Mortgage Rate
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7 Year5.69%  7 Year Decreased from 5.79% to 5.69% on June 22, 2019

Chart of historical values for the Scotiabank Closed Fixed 7 Year Mortgage Rate
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10 Year6.19%  10 Year Decreased from 6.29% to 6.19% on June 22, 2019

Chart of historical values for the Scotiabank Closed Fixed 10 Year Mortgage Rate
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Max Annual Lump Sum Prepayment15%
Max Annual Increase to Regular Payments15%
Payment SchedulesWeekly, biweekly, semi-monthly, and monthly.
Additional NotesCash Back: Can receive up to 5% of the principal value of the mortgage in cash upon closing.

It is possible to double up on a regular payment at any point during the term of the mortgage. It is also possible to miss a payment at any point during the term if a double-up payment was made on a previous occasion.
Please Note: This database is intended to help you explore your options when looking for a financial product. Product features and information can change faster than we can update our database and we cannot guarantee the accuracy of the information in the above table.
Always visit the financial institutions product page and carefully review the information there before making a final decision.

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