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3 Year Fixed Rates

In an average year, approximately 9% of Canadian borrowers chose a 3 year fixed, although this number has been lower recently due to a relative lack of favourable deals. This term is a hedge for those that may want certainty of payment, but not necessarily a full 5 year commitment. The value of this term will always be in comparison to shorter/longer rates, and will over time closely track the 3 year bond yields which fund them. Not for most, but at certain times definitely worth consideration.

3 Year Fixed Current Market Statistics

Total Rates: 29
Average Rate: 3.64%
Highest Rate: 5.04%
Lowest Rate: 1.89%

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Current 3 Year Fixed Rates

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Interest Rate, Low to High
29 Rates Found
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