Interest rates this week

at some Canadian banks and trust companies

As of October 22, 2026

Bank rate 2.50%

Bank | Mortgages 1-yr | Mortgages 3-yr | Mortgages 5-yr Bank of Montreal | 5.49 | 6.05 | 6.09 Royal Bank | 5.74 | 6.25 | 6.19 CIBC | 5.14 | 6.14 | 6.49 Scotiabank | 5.49 | 6.05 | 6.19 TD Canada Trust | 5.69 | 6.15 | 6.14 National Bank | 5.49 | 6.09 | 6.14 Laurentian Bank | 5.64 | 6.09 | 6.29

Source: CanNex / The Canadian Press