Best mortgage rates in Fredericton.
Today’s best rate in Fredericton is 3.60%. We compare Fredericton mortgage rates across 50+ Canadian lenders and lock your best on one application — no bureau pull to start.
The best mortgage rate in Fredericton today is approximately 3.60% — about $1,393/month on Fredericton’s benchmark price of $345,000 with 20% down over 25 years. Provincial capital + university town; stable demand.
Rates illustrative; your file (credit, income, LTV) sets your personalized rate. See all New Brunswick rates →
Fredericton mortgage payments by term
| Term | Best rate | Est. monthly payment* |
|---|---|---|
| 5-Year Fixed | 4.19% | $1,480/mo |
| 5-Year VariableLowest | 3.60% | $1,393/mo |
| 3-Year Fixed | 4.19% | $1,480/mo |
| 3-Year Variable | 3.65% | $1,400/mo |
| 2-Year Fixed | 4.14% | $1,473/mo |
| 1-Year Fixed | 4.69% | $1,557/mo |
| 4-Year Fixed | 4.29% | $1,496/mo |
| 7-Year Fixed | 5.10% | $1,621/mo |
| 10-Year Fixed | 5.34% | $1,659/mo |
A worked example for Fredericton
On Fredericton’s benchmark price of $345,000 with 20% down, the mortgage is about $276,000. At today’s best rate of 3.60% over a 25-year amortization, that’s roughly $1,393/month using Canadian semi-annual compounding. Model your own price and down payment in the payment calculator, and see the income you’d need.
Getting the best mortgage rate in Fredericton.
The posted rate you see advertised isn’t the rate you get. In Fredericton, your number is set by your credit score, your down payment / loan-to-value, whether the mortgage is insured, and the property type — and by which lender’s broker-channel pricing fits your file. Provincial capital + university town; stable demand.
What’s specific to New Brunswick: New Brunswick has bilingual lender requirements in many parts of the province (especially the Acadian peninsula and Moncton metro). UNI Coopération Financière (Caisses Populaires Acadiennes) is the dominant French-language lender; major banks deliver bilingually. On top of the rate, budget for new brunswick real property transfer tax — flat 1.0% on the greater of the purchase price or assessed value of the property.
We compare Fredericton mortgage rates across 50+ lenders — banks, monolines and New Brunswick credit unions like RBC and Scotiabank — on a single application, then hold your best rate for 90-120 days. This is the rate-shopping side; for the full local service — pre-approval strategy, document help, a dedicated advisor — see our Fredericton mortgage broker page. Run your numbers on the payment calculator.
Fredericton mortgage rates — FAQ
What is the best mortgage rate in Fredericton right now?
Are Fredericton mortgage rates different from the rest of Canada?
What land transfer tax will I pay in Fredericton?
Can I lock a Fredericton rate before I buy?
Do I need a local Fredericton broker for the best rate?
Whatever your situation in Fredericton
First home, renewal, refinance, investor or self-employed — there's a path for your file, with the same 50+ lender network.
First-time buyers
5% down to your first Fredericton home, with FHSA + RRSP HBP optimization.
Refinancing
Unlock Fredericton equity for renovations, debt consolidation, or investing.
Renewing
Don't auto-renew — most clients beat their bank's first offer by 30-60 bps.
Self-employed
Business-for-self files priced right — A-lender, alt-A and private compared.
Investors
Build your Fredericton rental portfolio — multi-unit and DSCR-style products.
New to Canada
Newcomer programs at the big banks; international credit accepted.
6 reasons to shop your Fredericton mortgage rate through a broker
Why Fredericton buyers and renewers compare the whole market instead of signing their bank's first offer.
50+ lenders compete — not one
A Fredericton bank shows you one rate sheet. We put your file in front of 50+ lenders who bid for it, then pass on the volume pricing we hold.
Broker-channel pricing
The wholesale rate we access is typically 15-30 bps below a bank's posted rate — you can't get it walking into a branch.
A local Fredericton market read
Provincial capital + university town; stable demand.
Your rate held 90-120 days
A pre-approval locks today's rate while you shop, and many lenders honour a drop if rates fall before closing.
No bureau pull to start
We shop your Fredericton rate and pre-qualify you with no hard credit check, so comparing costs nothing.
Best-rate guarantee
We'll beat any comparable Big-6 offer or pay you $500 — and our advice is free, paid by the funding lender.
Why shop your Fredericton rate with us
- 50+ lenders on one application — banks, monolines, and New Brunswick credit unions.
- Broker-channel rates 15-30 bps below posted.
- Local Fredericton market knowledge paired with national lender access.
- FSRA-licensed advice in 50+ languages, online or in person.
We arrange mortgages across Fredericton — Devon, Skyline Acres, Hanwell, Marysville and beyond — online or in person, with the same 50+ lender panel and FSRA-licensed advice.