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7 Year Fixed Rates

Although generally overlooked (less than 1% of homebuyers elect for this term), there have been times in the recent past where a flat yield curve has made the 7 year fixed rate look attractive, especially during lender promotions. The long-term payment certainty make it a favourite for rental property owners, who may be more interested in predictability than interest savings. Many lenders no longer offer the 7 year rate due to lack of demand, but look for occasional deals from those that do.

7 Year Fixed Current Market Statistics

Total Rates: 17
Average Rate: 4.29%
Highest Rate: 4.79%
Lowest Rate: 3.89%

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Current 7 Year Fixed Rates

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Interest Rate, Low to High
17 Rates Found
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