Scotiabank

Scotiabank Mortgage Rates

Compare current Scotiabank mortgage rates in Canada

Unlock your home's potential with the Scotia Total Equity Plan.

Best Scotiabank Rates

Lowest rates by product type

5-Year Fixed

Insured

No rate available

5-Year Fixed

Uninsured

No rate available

5-Year Variable

Insured

No rate available

5-Year Variable

Uninsured

4.90%

Uninsured

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Rate Overview

Best rate for each term and product type

Best Not offered

Term	Fixed Insured	Fixed Uninsured	Variable Insured	Variable Uninsured
5 years	—	—	—	4.90%

Variable Rate Mortgages

Rates change with the prime rate

5 years

1 option

Best Rate

Uninsured

4.90%

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About Scotiabank

Scotiabank stands out in the Canadian mortgage market with its innovative Scotia Total Equity Plan (STEP), allowing homeowners to combine a mortgage with a home equity line of credit and access up to 80% of their home's value. Scotiabank offers competitive fixed and variable mortgage rates, plus specialized products for newcomers, self-employed borrowers, and investors. Their eHOME platform enables a fully digital mortgage application experience, while Home Financing Advisors provide personalized support in-branch or virtually. Scotia Mortgage Protection offers optional insurance coverage for life, disability, critical illness, and job loss — giving homeowners peace of mind.