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5 Year Variable Rates

Any borrower who has chosen a variable rate in the last several decades has no doubt been happy with the results. Going back to 1950, variable rate financing has out-performed a fixed rate over 90% of the time, according to one popular study. While recent trends have finally led the Bank of Canada to begin raising short-term rates (in turn influencing Prime Rate), the prognosis for variable rates to remain on the historically low side is very good. Upshot? "VRMs" are always worth consideration.

5 Year Variable Current Market Statistics

Total Rates: 37
Average Rate: 3.17%
Highest Rate: 4.60%
Lowest Rate: 2.61%

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Current 5 Year Variable Rates

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Interest Rate, Low to High
37 Rates Found
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