Best mortgage rates in Halifax.
Today’s best rate in Halifax is 3.60%. We compare Halifax mortgage rates across 50+ Canadian lenders and lock your best on one application — no bureau pull to start.
The best mortgage rate in Halifax today is approximately 3.60% — about $2,341/month on Halifax’s benchmark price of $580,000 with 20% down over 25 years. Atlantic Canada's largest market; investor activity from out-of-province buyers.
Rates illustrative; your file (credit, income, LTV) sets your personalized rate. See all Nova Scotia rates →
Halifax mortgage payments by term
| Term | Best rate | Est. monthly payment* |
|---|---|---|
| 5-Year Fixed | 4.19% | $2,489/mo |
| 5-Year VariableLowest | 3.60% | $2,341/mo |
| 3-Year Fixed | 4.19% | $2,489/mo |
| 3-Year Variable | 3.65% | $2,354/mo |
| 2-Year Fixed | 4.14% | $2,476/mo |
| 1-Year Fixed | 4.69% | $2,617/mo |
| 4-Year Fixed | 4.29% | $2,514/mo |
| 7-Year Fixed | 5.10% | $2,725/mo |
| 10-Year Fixed | 5.34% | $2,789/mo |
A worked example for Halifax
On Halifax’s benchmark price of $580,000 with 20% down, the mortgage is about $464,000. At today’s best rate of 3.60% over a 25-year amortization, that’s roughly $2,341/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 Halifax.
The posted rate you see advertised isn’t the rate you get. In Halifax, 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. Atlantic Canada's largest market; investor activity from out-of-province buyers.
What’s specific to Nova Scotia: Nova Scotia has seen the strongest price growth in Atlantic Canada (driven by Ontario/BC in-migration to Halifax during 2020-2023). Halifax now sees Big-6 + monoline competition similar to mid-size Ontario markets; rural NS files often go through credit unions or alt-lenders. On top of the rate, budget for nova scotia deed transfer tax — municipal — set by each Nova Scotia municipality. Halifax Regional Municipality charges 1.5%; most other municipalities charge 1.0%–1.5%. Confirm with the specific municipality before closing. Nova Scotia does not currently offer a first-time buyer Deed Transfer Tax rebate.
We compare Halifax mortgage rates across 50+ lenders — banks, monolines and Nova Scotia 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 Halifax mortgage broker page. Run your numbers on the payment calculator.
Halifax mortgage rates — FAQ
What is the best mortgage rate in Halifax right now?
Are Halifax mortgage rates different from the rest of Canada?
What land transfer tax will I pay in Halifax?
Can I lock a Halifax rate before I buy?
Do I need a local Halifax broker for the best rate?
Whatever your situation in Halifax
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 Halifax home, with FHSA + RRSP HBP optimization.
Refinancing
Unlock Halifax 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 Halifax 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 Halifax mortgage rate through a broker
Why Halifax buyers and renewers compare the whole market instead of signing their bank's first offer.
50+ lenders compete — not one
A Halifax 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 Halifax market read
Atlantic Canada's largest market; investor activity from out-of-province buyers.
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 Halifax 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 Halifax rate with us
- 50+ lenders on one application — banks, monolines, and Nova Scotia credit unions.
- Broker-channel rates 15-30 bps below posted.
- Local Halifax market knowledge paired with national lender access.
- FSRA-licensed advice in 50+ languages, online or in person.
We arrange mortgages across Halifax — South End, North End, Bedford, Clayton Park, Dartmouth and beyond — online or in person, with the same 50+ lender panel and FSRA-licensed advice.