Rates are subject to change and are based on approved credit (O.A.C.). The interest rate with variable rate mortgages will fluctuate with Mainstreet's Prime Rate. For commercial mortgage rate info, please speak to a Commercial & Agricultural Manager.
Rates that work for you
Find comfort, confidence, and expert advice with a mortgage from Mainstreet
Fixed Rates
| Term | Interest Rate |
|---|---|
|
1-year
Closed
|
5.24%
|
|
1-year
Open
|
9.45%
|
|
2-year
Closed
|
4.44%
|
|
3-year
Closed
|
4.39%
|
|
4-year
Closed
|
4.69%
|
|
5-year
Closed
|
4.54%
|
High Ratio
| Term | Interest Rate |
|---|---|
|
3-year
Closed - High Ratio
|
3.94%
|
|
5-year
Closed - High Ratio
|
4.09%
|
Variable Rates
| Term | Interest Rate |
|---|---|
|
1-year
Construction mortgage
Closed
|
6.95%
|
|
1-year
Bridge financing
Closed
|
6.95%
|
|
5-year
Closed
|
4.10%
|
|
5-year
Closed - High Ratio
|
3.85%
|
Get a mortgage with Mainstreet today
Talk to an advisor online or in branch.
High Interest Savings Account
| Total Daily Closing Balance | Interest Rate |
|---|---|
| $0 to $4,999.99 | 0.70% |
| $5,000 to $24,999.99 | 0.75% |
| $25,000 to $49,999.99 | 0.80% |
| $50,000 to $99,999.99 | 0.85% |
| $100,000 and over | 0.90% |
High Interest Savings Account - Youth and Young Adult
| Total Daily Closing Balance | Interest Rate |
|---|---|
| $0 to $99.99 | 0.70% |
| $100 to 4,999.99 | 0.75% |
| $5,000 to $24,999.99 | 0.85% |
| $25,000 and over | 0.90% |
High Interest Savings Account - Registered (RRSP, RRIF, TFSA, FHSA)
| Total Daily Closing Balance | Interest Rate |
|---|---|
| $0 to $99.99 | 0.70% |
| $100 to 4,999.99 | 0.75% |
| $5,000 to $24,999.99 | 0.85% |
| $25,000 and over | 0.90% |
Daily Savings Account
| Total Daily Closing Balance | Interest Rate |
|---|---|
| All | 0.10% |
Different interest rates apply to different portions of your Daily Closing Balance based on the tiers listed. Interest will be calculated each day by multiplying the interest rate for each tier by the portion of the Daily Closing Balance in that Tier.
Open a savings account today
Open an account online on in branch.
GICs/Term Deposits
3-year Rate Booster GIC
| Period | Interest Rate |
|---|---|
| 1st year | 3.55% |
| 2nd year | 3.60% |
| 3rd year | 3.65% |
5-year Rate Booster GIC
| Period | Interest Rate |
|---|---|
| 1st year | 3.60% |
| 2nd year | 3.65% |
| 3rd year | 3.70% |
| 4th year | 3.75% |
| 5th year | 3.80% |
GICs
| Term | Interest Rate |
|---|---|
|
1-year
Cashable
|
2.30% |
|
1-year
|
3.20% |
|
2-year
|
3.25% |
|
3-year
|
3.55% |
|
4-year
|
3.60% |
|
5-year
|
3.65% |
Relationship Reward** GICs
| Term | Interest Rate |
|---|---|
|
1-year
Cashable
|
2.45% |
|
1-year
|
3.35% |
|
2-year
|
3.40% |
|
3-year
|
3.70% |
|
4-year
|
3.75% |
|
5-year
|
3.80% |
Invest in your future today
Invest intelligently and take control of your financial future by investing in a GIC at Mainstreet.
Lines of Credit
| Line of Credit | Interest Rate |
|---|---|
| Line of Credit | 6.95% |
| Student Line of Credit | 5.45% |
| Home Equity Line of Credit | 5.45% |
| Primeline Home Equity Line of Credit | 5.45% |
Get a line of credit with Mainstreet today
Talk to an advisor online or in branch.
Prime Rates
| Lender | Interest Rate |
|---|---|
| CreditMaster Prime | 4.45% |
| Mainstreet Prime | 4.45% |
| Currency | Buy | Sell |
|---|---|---|
|
United States Dollar
USD
|
1.3978 | 1.3367 |
|
British Pound
GBP
|
1.8945 | 1.7945 |
|
Euro
EUR
|
1.6575 | 1.5475 |