Best mortgage rates in Saint John.
Today’s best rate in Saint John is 3.60%. We compare Saint John mortgage rates across 50+ Canadian lenders and lock your best on one application — no bureau pull to start.
The best mortgage rate in Saint John today is approximately 3.60% — about $1,150/month on Saint John’s benchmark price of $285,000 with 20% down over 25 years. Most affordable Atlantic urban market.
Rates illustrative; your file (credit, income, LTV) sets your personalized rate. See all New Brunswick rates →
Saint John mortgage payments by term
| Term | Best rate | Est. monthly payment* |
|---|---|---|
| 5-Year Fixed | 4.19% | $1,223/mo |
| 5-Year VariableLowest | 3.60% | $1,150/mo |
| 3-Year Fixed | 4.19% | $1,223/mo |
| 3-Year Variable | 3.65% | $1,156/mo |
| 2-Year Fixed | 4.14% | $1,217/mo |
| 1-Year Fixed | 4.69% | $1,286/mo |
| 4-Year Fixed | 4.29% | $1,235/mo |
| 7-Year Fixed | 5.10% | $1,339/mo |
| 10-Year Fixed | 5.34% | $1,371/mo |
A worked example for Saint John
On Saint John’s benchmark price of $285,000 with 20% down, the mortgage is about $228,000. At today’s best rate of 3.60% over a 25-year amortization, that’s roughly $1,150/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 Saint John.
The posted rate you see advertised isn’t the rate you get. In Saint John, 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. Most affordable Atlantic urban market.
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 Saint John 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 Saint John mortgage broker page. Run your numbers on the payment calculator.
Saint John mortgage rates — FAQ
What is the best mortgage rate in Saint John right now?
Are Saint John mortgage rates different from the rest of Canada?
What land transfer tax will I pay in Saint John?
Can I lock a Saint John rate before I buy?
Do I need a local Saint John broker for the best rate?
Whatever your situation in Saint John
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 Saint John home, with FHSA + RRSP HBP optimization.
Refinancing
Unlock Saint John 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 Saint John 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 Saint John mortgage rate through a broker
Why Saint John buyers and renewers compare the whole market instead of signing their bank's first offer.
50+ lenders compete — not one
A Saint John 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 Saint John market read
Most affordable Atlantic urban market.
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 Saint John 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 Saint John rate with us
- 50+ lenders on one application — banks, monolines, and New Brunswick credit unions.
- Broker-channel rates 15-30 bps below posted.
- Local Saint John market knowledge paired with national lender access.
- FSRA-licensed advice in 50+ languages, online or in person.
We arrange mortgages across Saint John — Uptown, North End, West Side, East Side and beyond — online or in person, with the same 50+ lender panel and FSRA-licensed advice.