La Financière agricole du Québec
Guaranteed Loan
| Loan term (months) | 12 | 24 | 36 | 48 | 60 | 84 |
|---|---|---|---|---|---|---|
| Interest rate reduction (%) | 0.30 | 0.35 | 0.40 | 0.45 | 0.50 | 0.60 |
Updated on December 2, 2022
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.49000 | 3.38560 | 3.1044 | Yes | 2022-12-01 | 2022-12-31 |
| 6.49000 | 3.56278 | 2.9272 | Yes | 2022-11-01 | 2022-11-30 |
| 6.49000 | 3.26891 | 3.2210 | Yes | 2022-10-01 | 2022-10-31 |
| 6.49000 | 2.93971 | 3.5502 | Yes | 2022-09-01 | 2022-09-30 |
| 6.49000 | 2.97587 | 3.5141 | Yes | 2022-08-01 | 2022-08-31 |
| 6.22000 | 3.21861 | 3.0013 | Yes | 2022-07-01 | 2022-07-31 |
| 5.66741 | 2.74624 | 2.9211 | Yes | 2022-06-01 | 2022-06-30 |
| 4.96333 | 2.61041 | 2.3529 | Yes | 2022-05-01 | 2022-05-31 |
| 4.79000 | 1.97277 | 2.8172 | Yes | 2022-04-01 | 2022-04-30 |
| 4.79000 | 1.72165 | 3.0683 | Yes | 2022-03-01 | 2022-03-31 |
| 4.79000 | 1.54647 | 3.2435 | Yes | 2022-02-01 | 2022-02-28 |
| 4.79000 | 1.28690 | 3.5031 | Yes | 2022-01-01 | 2022-01-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.49000 | 3.38560 | 3.1044 | Yes | 2022-12-01 | 2022-12-31 |
| 6.35451 | 3.56278 | 2.7917 | Yes | 2022-11-01 | 2022-11-30 |
| 6.14000 | 3.26891 | 2.8710 | Yes | 2022-10-01 | 2022-10-31 |
| 6.14000 | 2.93971 | 3.2002 | Yes | 2022-09-01 | 2022-09-30 |
| 6.07225 | 2.97587 | 3.0963 | Yes | 2022-08-01 | 2022-08-31 |
| 5.75166 | 3.21861 | 2.5330 | Yes | 2022-07-01 | 2022-07-31 |
| 5.14483 | 2.74624 | 2.3985 | Yes | 2022-06-01 | 2022-06-30 |
| 4.83000 | 2.61041 | 2.2195 | Yes | 2022-05-01 | 2022-05-31 |
| 4.79000 | 1.97277 | 2.8172 | Yes | 2022-04-01 | 2022-04-30 |
| 4.79000 | 1.72165 | 3.0683 | Yes | 2022-03-01 | 2022-03-31 |
| 4.79000 | 1.54647 | 3.2435 | Yes | 2022-02-01 | 2022-02-28 |
| 4.79000 | 1.28690 | 3.5031 | Yes | 2022-01-01 | 2022-01-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.49000 | 3.38560 | 3.1044 | Yes | 2022-12-01 | 2022-12-31 |
| 6.19645 | 3.56278 | 2.6336 | Yes | 2022-11-01 | 2022-11-30 |
| 6.14000 | 3.26891 | 2.8710 | Yes | 2022-10-01 | 2022-10-31 |
| 5.73193 | 2.93971 | 2.7922 | Yes | 2022-09-01 | 2022-09-30 |
| 5.59000 | 2.97587 | 2.6141 | Yes | 2022-08-01 | 2022-08-31 |
| 5.49666 | 3.21861 | 2.2780 | Yes | 2022-07-01 | 2022-07-31 |
| 5.35129 | 2.74624 | 2.6050 | Yes | 2022-06-01 | 2022-06-30 |
| 4.99000 | 2.61041 | 2.3795 | Yes | 2022-05-01 | 2022-05-31 |
| 4.78032 | 1.97277 | 2.8075 | Yes | 2022-04-01 | 2022-04-30 |
| 4.74000 | 1.72165 | 3.0183 | Yes | 2022-03-01 | 2022-03-31 |
| 4.74000 | 1.54647 | 3.1935 | Yes | 2022-02-01 | 2022-02-28 |
| 4.74000 | 1.28690 | 3.4531 | Yes | 2022-01-01 | 2022-01-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.49000 | 3.38560 | 3.1044 | Yes | 2022-12-01 | 2022-12-31 |
| 6.29806 | 3.56278 | 2.7352 | Yes | 2022-11-01 | 2022-11-30 |
| 6.14000 | 3.26891 | 2.8710 | Yes | 2022-10-01 | 2022-10-31 |
| 6.14000 | 2.93971 | 3.2002 | Yes | 2022-09-01 | 2022-09-30 |
| 6.05935 | 2.97587 | 3.0834 | Yes | 2022-08-01 | 2022-08-31 |
| 5.64500 | 3.21861 | 2.4263 | Yes | 2022-07-01 | 2022-07-31 |
| 5.06741 | 2.74624 | 2.3211 | Yes | 2022-06-01 | 2022-06-30 |
| 4.97500 | 2.61041 | 2.3645 | Yes | 2022-05-01 | 2022-05-31 |
| 4.88032 | 1.97277 | 2.9075 | Yes | 2022-04-01 | 2022-04-30 |
| 4.79000 | 1.72165 | 3.0683 | Yes | 2022-03-01 | 2022-03-31 |
| 4.79000 | 1.54647 | 3.2435 | Yes | 2022-02-01 | 2022-02-28 |
| 4.79000 | 1.28690 | 3.5031 | Yes | 2022-01-01 | 2022-01-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.24333 | 3.38560 | 2.8577 | Yes | 2022-12-01 | 2022-12-31 |
| 6.16096 | 3.56278 | 2.5981 | Yes | 2022-11-01 | 2022-11-30 |
| 6.14000 | 3.26891 | 2.8710 | Yes | 2022-10-01 | 2022-10-31 |
| 6.14000 | 2.93971 | 3.2002 | Yes | 2022-09-01 | 2022-09-30 |
| 5.89483 | 2.97587 | 2.9189 | Yes | 2022-08-01 | 2022-08-31 |
| 5.34333 | 3.21861 | 2.1247 | Yes | 2022-07-01 | 2022-07-31 |
| 4.86419 | 2.74624 | 2.1179 | Yes | 2022-06-01 | 2022-06-30 |
| 4.79000 | 2.61041 | 2.1795 | Yes | 2022-05-01 | 2022-05-31 |
| 4.79000 | 1.97277 | 2.8172 | Yes | 2022-04-01 | 2022-04-30 |
| 4.79000 | 1.72165 | 3.0683 | Yes | 2022-03-01 | 2022-03-31 |
| 4.79000 | 1.54647 | 3.2435 | Yes | 2022-02-01 | 2022-02-28 |
| 4.79000 | 1.28690 | 3.5031 | Yes | 2022-01-01 | 2022-01-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.14000 | 3.38560 | 2.7544 | Yes | 2022-12-01 | 2022-12-31 |
| 6.14000 | 3.56278 | 2.5772 | Yes | 2022-11-01 | 2022-11-30 |
| 6.01000 | 3.26891 | 2.7410 | Yes | 2022-10-01 | 2022-10-31 |
| 5.99000 | 2.93971 | 3.0502 | Yes | 2022-09-01 | 2022-09-30 |
| 5.90774 | 2.97587 | 2.9318 | Yes | 2022-08-01 | 2022-08-31 |
| 5.63000 | 3.21861 | 2.4113 | Yes | 2022-07-01 | 2022-07-31 |
| 5.01580 | 2.74624 | 2.2695 | Yes | 2022-06-01 | 2022-06-30 |
| 4.99000 | 2.61041 | 2.3795 | Yes | 2022-05-01 | 2022-05-31 |
| 4.90612 | 1.97277 | 2.9333 | Yes | 2022-04-01 | 2022-04-30 |
| 4.79000 | 1.72165 | 3.0683 | Yes | 2022-03-01 | 2022-03-31 |
| 4.79000 | 1.54647 | 3.2435 | Yes | 2022-02-01 | 2022-02-28 |
| 4.79000 | 1.28690 | 3.5031 | Yes | 2022-01-01 | 2022-01-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.34000 | 3.38560 | 2.9544 | Yes | 2022-12-01 | 2022-12-31 |
| 6.26258 | 3.56278 | 2.6998 | Yes | 2022-11-01 | 2022-11-30 |
| 6.14000 | 3.26891 | 2.8710 | Yes | 2022-10-01 | 2022-10-31 |
| 6.14000 | 2.93971 | 3.2002 | Yes | 2022-09-01 | 2022-09-30 |
| 6.07225 | 2.97587 | 3.0963 | Yes | 2022-08-01 | 2022-08-31 |
| 5.77333 | 3.21861 | 2.5547 | Yes | 2022-07-01 | 2022-07-31 |
| 5.10612 | 2.74624 | 2.3598 | Yes | 2022-06-01 | 2022-06-30 |
| 4.59000 | 2.61041 | 1.9795 | Yes | 2022-05-01 | 2022-05-31 |
| 4.59000 | 1.97277 | 2.6172 | Yes | 2022-04-01 | 2022-04-30 |
| 4.59000 | 1.72165 | 2.8683 | Yes | 2022-03-01 | 2022-03-31 |
| 4.59000 | 1.54647 | 3.0435 | Yes | 2022-02-01 | 2022-02-28 |
| 4.59000 | 1.28690 | 3.3031 | Yes | 2022-01-01 | 2022-01-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.40500 | 3.38560 | 3.0194 | Yes | 2022-12-01 | 2022-12-31 |
| 6.21096 | 3.56278 | 2.6481 | Yes | 2022-11-01 | 2022-11-30 |
| 6.14000 | 3.26891 | 2.8710 | Yes | 2022-10-01 | 2022-10-31 |
| 6.14000 | 2.93971 | 3.2002 | Yes | 2022-09-01 | 2022-09-30 |
| 6.07225 | 2.97587 | 3.0963 | Yes | 2022-08-01 | 2022-08-31 |
| 5.51666 | 3.21861 | 2.2980 | Yes | 2022-07-01 | 2022-07-31 |
| 5.07387 | 2.74624 | 2.3276 | Yes | 2022-06-01 | 2022-06-30 |
| 4.99000 | 2.61041 | 2.3795 | Yes | 2022-05-01 | 2022-05-31 |
| 4.83516 | 1.97277 | 2.8623 | Yes | 2022-04-01 | 2022-04-30 |
| 4.78642 | 1.72165 | 3.0647 | Yes | 2022-03-01 | 2022-03-31 |
| 4.74000 | 1.54647 | 3.1935 | Yes | 2022-02-01 | 2022-02-28 |
| 4.74000 | 1.28690 | 3.4531 | Yes | 2022-01-01 | 2022-01-31 |
Notes:
1 For the month preceding the start of the application period.
2 The mortgage interest rate reduction applies if, during the 3 months preceding the month when the rates are set, the monthly difference between the average residential mortgage interest rate for a 5-year term and the average 5-year rate of return on Canadian savings bonds is greater than or equal to 1.75%.