Loan Guarantees at Advantage Plus Rate
| 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 November 9, 2026
| 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 | 3.57078 | 2.9192 | Yes | 2026-11-01 | 2026-11-30 |
| 6.49000 | 3.57025 | 2.9197 | Yes | 2026-10-01 | 2026-10-31 |
| 6.49000 | 3.31318 | 3.1768 | Yes | 2026-09-01 | 2026-09-30 |
| 6.49000 | 3.17557 | 3.3144 | Yes | 2026-08-01 | 2026-08-31 |
| 6.49000 | 3.07911 | 3.4108 | Yes | 2026-07-01 | 2026-07-31 |
| 6.49000 | 3.20516 | 3.2848 | Yes | 2026-06-01 | 2026-06-30 |
| 6.49000 | 3.10016 | 3.3898 | Yes | 2026-05-01 | 2026-05-31 |
| 6.49000 | 3.06909 | 3.4209 | Yes | 2026-04-01 | 2026-04-30 |
| 6.49000 | 2.85906 | 3.6309 | Yes | 2026-03-01 | 2026-03-31 |
| 6.49000 | 2.97523 | 3.5147 | Yes | 2026-02-01 | 2026-02-28 |
| 6.49000 | 2.98286 | 3.5071 | Yes | 2026-01-01 | 2026-01-31 |
| 6.49000 | 2.77067 | 3.7193 | Yes | 2025-12-01 | 2025-12-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.09000 | 3.57078 | 2.5192 | Yes | 2026-11-01 | 2026-11-30 |
| 6.09000 | 3.57025 | 2.5197 | Yes | 2026-10-01 | 2026-10-31 |
| 6.09000 | 3.31318 | 2.7768 | Yes | 2026-09-01 | 2026-09-30 |
| 6.09000 | 3.17557 | 2.9144 | Yes | 2026-08-01 | 2026-08-31 |
| 6.09000 | 3.07911 | 3.0108 | Yes | 2026-07-01 | 2026-07-31 |
| 6.09000 | 3.20516 | 2.8848 | Yes | 2026-06-01 | 2026-06-30 |
| 6.09000 | 3.10016 | 2.9898 | Yes | 2026-05-01 | 2026-05-31 |
| 6.09000 | 3.06909 | 3.0209 | Yes | 2026-04-01 | 2026-04-30 |
| 6.09000 | 2.85906 | 3.2309 | Yes | 2026-03-01 | 2026-03-31 |
| 6.09000 | 2.97523 | 3.1147 | Yes | 2026-02-01 | 2026-02-28 |
| 6.09000 | 2.98286 | 3.1071 | Yes | 2026-01-01 | 2026-01-31 |
| 6.09000 | 2.77067 | 3.3193 | Yes | 2025-12-01 | 2025-12-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.29000 | 3.57078 | 2.7192 | Yes | 2026-11-01 | 2026-11-30 |
| 6.29000 | 3.57025 | 2.7197 | Yes | 2026-10-01 | 2026-10-31 |
| 6.29000 | 3.31318 | 2.9768 | Yes | 2026-09-01 | 2026-09-30 |
| 6.29000 | 3.17557 | 3.1144 | Yes | 2026-08-01 | 2026-08-31 |
| 6.29000 | 3.07911 | 3.2108 | Yes | 2026-07-01 | 2026-07-31 |
| 6.29000 | 3.20516 | 3.0848 | Yes | 2026-06-01 | 2026-06-30 |
| 6.29000 | 3.10016 | 3.1898 | Yes | 2026-05-01 | 2026-05-31 |
| 6.24161 | 3.06909 | 3.1725 | Yes | 2026-04-01 | 2026-04-30 |
| 6.19000 | 2.85906 | 3.3309 | Yes | 2026-03-01 | 2026-03-31 |
| 6.19000 | 2.97523 | 3.2147 | Yes | 2026-02-01 | 2026-02-28 |
| 6.13838 | 2.98286 | 3.1555 | Yes | 2026-01-01 | 2026-01-31 |
| 6.05000 | 2.77067 | 3.2793 | Yes | 2025-12-01 | 2025-12-31 |
| 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 | 3.57078 | 2.5692 | Yes | 2026-11-01 | 2026-11-30 |
| 6.10666 | 3.57025 | 2.5364 | Yes | 2026-10-01 | 2026-10-31 |
| 6.09000 | 3.31318 | 2.7768 | Yes | 2026-09-01 | 2026-09-30 |
| 6.09000 | 3.17557 | 2.9144 | Yes | 2026-08-01 | 2026-08-31 |
| 6.09000 | 3.07911 | 3.0108 | Yes | 2026-07-01 | 2026-07-31 |
| 6.09000 | 3.20516 | 2.8848 | Yes | 2026-06-01 | 2026-06-30 |
| 6.09000 | 3.10016 | 2.9898 | Yes | 2026-05-01 | 2026-05-31 |
| 6.09000 | 3.06909 | 3.0209 | Yes | 2026-04-01 | 2026-04-30 |
| 6.09000 | 2.85906 | 3.2309 | Yes | 2026-03-01 | 2026-03-31 |
| 6.09000 | 2.97523 | 3.1147 | Yes | 2026-02-01 | 2026-02-28 |
| 6.09000 | 2.98286 | 3.1071 | Yes | 2026-01-01 | 2026-01-31 |
| 6.09000 | 2.77067 | 3.3193 | Yes | 2025-12-01 | 2025-12-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.17387 | 3.57078 | 2.6030 | Yes | 2026-11-01 | 2026-11-30 |
| 6.09000 | 3.57025 | 2.5197 | Yes | 2026-10-01 | 2026-10-31 |
| 6.09000 | 3.31318 | 2.7768 | Yes | 2026-09-01 | 2026-09-30 |
| 6.09000 | 3.17557 | 2.9144 | Yes | 2026-08-01 | 2026-08-31 |
| 6.09000 | 3.07911 | 3.0108 | Yes | 2026-07-01 | 2026-07-31 |
| 6.09000 | 3.20516 | 2.8848 | Yes | 2026-06-01 | 2026-06-30 |
| 6.09000 | 3.10016 | 2.9898 | Yes | 2026-05-01 | 2026-05-31 |
| 6.09000 | 3.06909 | 3.0209 | Yes | 2026-04-01 | 2026-04-30 |
| 6.09000 | 2.85906 | 3.2309 | Yes | 2026-03-01 | 2026-03-31 |
| 6.09000 | 2.97523 | 3.1147 | Yes | 2026-02-01 | 2026-02-28 |
| 6.09000 | 2.98286 | 3.1071 | Yes | 2026-01-01 | 2026-01-31 |
| 6.09000 | 2.77067 | 3.3193 | Yes | 2025-12-01 | 2025-12-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.19000 | 3.57078 | 2.6192 | Yes | 2026-11-01 | 2026-11-30 |
| 6.13000 | 3.57025 | 2.5597 | Yes | 2026-10-01 | 2026-10-31 |
| 6.09000 | 3.31318 | 2.7768 | Yes | 2026-09-01 | 2026-09-30 |
| 6.09000 | 3.17557 | 2.9144 | Yes | 2026-08-01 | 2026-08-31 |
| 6.09000 | 3.07911 | 3.0108 | Yes | 2026-07-01 | 2026-07-31 |
| 6.09000 | 3.20516 | 2.8848 | Yes | 2026-06-01 | 2026-06-30 |
| 6.09000 | 3.10016 | 2.9898 | Yes | 2026-05-01 | 2026-05-31 |
| 6.09000 | 3.06909 | 3.0209 | Yes | 2026-04-01 | 2026-04-30 |
| 6.09000 | 2.85906 | 3.2309 | Yes | 2026-03-01 | 2026-03-31 |
| 6.09000 | 2.97523 | 3.1147 | Yes | 2026-02-01 | 2026-02-28 |
| 6.09000 | 2.98286 | 3.1071 | Yes | 2026-01-01 | 2026-01-31 |
| 6.09000 | 2.77067 | 3.3193 | Yes | 2025-12-01 | 2025-12-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.11741 | 3.57078 | 2.5466 | Yes | 2026-11-01 | 2026-11-30 |
| 6.09000 | 3.57025 | 2.5197 | Yes | 2026-10-01 | 2026-10-31 |
| 6.09000 | 3.31318 | 2.7768 | Yes | 2026-09-01 | 2026-09-30 |
| 6.09000 | 3.17557 | 2.9144 | Yes | 2026-08-01 | 2026-08-31 |
| 6.09000 | 3.07911 | 3.0108 | Yes | 2026-07-01 | 2026-07-31 |
| 6.09000 | 3.20516 | 2.8848 | Yes | 2026-06-01 | 2026-06-30 |
| 6.09000 | 3.10016 | 2.9898 | Yes | 2026-05-01 | 2026-05-31 |
| 6.09000 | 3.06909 | 3.0209 | Yes | 2026-04-01 | 2026-04-30 |
| 6.09000 | 2.85906 | 3.2309 | Yes | 2026-03-01 | 2026-03-31 |
| 6.09000 | 2.97523 | 3.1147 | Yes | 2026-02-01 | 2026-02-28 |
| 6.09000 | 2.98286 | 3.1071 | Yes | 2026-01-01 | 2026-01-31 |
| 6.09000 | 2.77067 | 3.3193 | Yes | 2025-12-01 | 2025-12-31 |
| Average 5-year mortgage rate1 | Average 5-year savings bond rate1 | Difference | Reduction in applicable rate2 | Start of application period | End of application period |
|---|---|---|---|---|---|
| 6.15612 | 3.57078 | 2.5853 | Yes | 2026-11-01 | 2026-11-30 |
| 6.12333 | 3.57025 | 2.5530 | Yes | 2026-10-01 | 2026-10-31 |
| 6.09000 | 3.31318 | 2.7768 | Yes | 2026-09-01 | 2026-09-30 |
| 6.09000 | 3.17557 | 2.9144 | Yes | 2026-08-01 | 2026-08-31 |
| 6.09000 | 3.07911 | 3.0108 | Yes | 2026-07-01 | 2026-07-31 |
| 6.09000 | 3.20516 | 2.8848 | Yes | 2026-06-01 | 2026-06-30 |
| 6.09000 | 3.10016 | 2.9898 | Yes | 2026-05-01 | 2026-05-31 |
| 6.09000 | 3.06909 | 3.0209 | Yes | 2026-04-01 | 2026-04-30 |
| 6.09000 | 2.85906 | 3.2309 | Yes | 2026-03-01 | 2026-03-31 |
| 6.09000 | 2.97523 | 3.1147 | Yes | 2026-02-01 | 2026-02-28 |
| 6.09000 | 2.98286 | 3.1071 | Yes | 2026-01-01 | 2026-01-31 |
| 6.09000 | 2.77067 | 3.3193 | Yes | 2025-12-01 | 2025-12-31 |
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%.
