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Compare the Best Mortgage Rates in Moncton, New Brunswick
The best mortgage rates in Moncton, NB, from major banks, credit unions and brokers.
Today's Best Mortgage Rates in Moncton, New Brunswick
Evaluate Moncton’s best mortgage rates in one place. You can compare the most current mortgage rates and monthly payments from 175+ banks and lenders across New Brunswick.
Rates are based on an average mortgage of $500,000 and subject to change based on filter criteria.
Lender | Insured | Insurable | Uninsured |
|---|---|---|---|
 Dominion Lending Centres Mortgage Excellence | 3.45% $2,483.17 / month | 3.65% $2,536.10 / month | 3.50% $2,496.35 / month |
 Morra | Mortgage Alliance | 3.45% $2,483.17 / month | 3.45% $2,483.17 / month | 3.45% $2,483.17 / month |
 Pineapple Financial Inc – Kinetix Mortgages Team | 3.55% $2,509.57 / month | 3.65% $2,536.10 / month | 3.55% $2,509.57 / month |
 West Capital Mortgage Ltd | 3.68% $2,544.09 / month | 3.70% $2,549.42 / month | 3.65% $2,536.10 / month |
 Richards Mortgages | 3.70% $2,549.42 / month | 3.70% $2,549.42 / month | 3.70% $2,549.42 / month |
 CIBC | 3.73% $2,557.43 / month | 3.80% $2,576.17 / month | 3.80% $2,576.17 / month |
ATB Financials | 3.65% $2,536.10 / month | 3.65% $2,536.10 / month | 3.65% $2,536.10 / month |
 Centum Clinton Wilkins | 3.89% $2,600.37 / month | 3.89% $2,600.37 / month | 3.89% $2,600.37 / month |
 Centum Home Lenders Ltd. | 3.89% $2,600.37 / month | 3.89% $2,600.37 / month | 3.89% $2,600.37 / month |
 Alterna Savings | 3.94% $2,613.86 / month | 3.94% $2,613.86 / month | 3.94% $2,613.86 / month |
 CIBC | 4.19% $2,681.85 / month | 4.19% $2,681.85 / month | 4.19% $2,681.85 / month |
 Bayview Financial Services | 4.29% $2,709.29 / month | 4.29% $2,709.29 / month | 4.29% $2,709.29 / month |
 Centum Financial Services Limited Partnerships | 4.29% $2,709.29 / month | 4.29% $2,709.29 / month | 4.29% $2,709.29 / month |
 Bayview Credit Union | 4.44% $2,750.71 / month | 4.44% $2,750.71 / month | 4.44% $2,750.71 / month |
 Canada Mortgage Direct | 5.24% $2,976.71 / month | 5.24% $2,976.71 / month | 5.24% $2,976.71 / month |
Today's Best Mortgage Rates In Moncton
Evaluate all of Moncton's best mortgage rates in one place. Rates.cas Rate Matrix lets you compare pricing for all key mortgage types and terms.
Rates are based on an average mortgage of $500,000 and subject to change based on filter criteria.
Updated 15:16 on Jun 15, 2026| Placeholder | Insured The rates in this column apply to borrowers who have purchased mortgage default insurance. This is required when you purchase a home with less than a 20% down payment. The home must be owner-occupied and the amortization must be 25 years or less. | 80% LTV The rates in this column apply to mortgage amounts between 65.01% and 80% of the property value. The home must be owner-occupied and have an amortization of 25 years or less. You must have purchased it for less than $1 million. These rates are not available on refinances. Refinances require "Uninsured" rates. | 65% LTV The rates in this column apply to mortgage amounts that are 65% of the property value or less. The home must be owner-occupied and have an amortization of 25 years or less. You must have purchased it for less than $1 million. These rates are not available on refinances. Refinances require "Uninsured" rates. | Uninsured The rates in this column apply to purchases over $1 million, refinances and amortizations over 25 years. More info on the differences between insured and uninsured rates. | Bank Rate Bank Rate is the mortgage interest rate posted by the big banks in Canada. |
|---|---|---|---|---|---|
| 1-year fixed rate | 4.99% | 4.99% | 4.99% | 4.99% | 4.99%  |
| 2-years fixed rate | 4.29% | 4.29% | 4.29% | 4.44% | 4.53%  |
| 3-years fixed rate | 3.90% | 3.94% | 3.90% | 3.90% | 4.39% |
| 4-years fixed rate | 3.89% | 4.24% | 4.24% | 4.39% | 4.44% |
| 5-years fixed rate | 3.69% | 3.94% | 3.69% | 3.69% | 4.19% |
| 7-years fixed rate | 4.89% | 4.89% | 5.00% | 4.89% | 5.00%  |
| 10-years fixed rate | 5.24% | 5.24% | 5.29% | 5.24% | 6.09% |
| 3-years variable rate | 3.90% | 4.05% | 3.90% | 3.90% | 5.95%  |
| 5-years variable rate | 3.45% | 3.70% | 3.50% | 3.50% | 4.24%  |
| HELOC rate | N/A | N/A | N/A | N/A | N/A |
| Stress Test | 5.45% | 5.45% | 5.45% | 5.50% | N/A |
Written By Lubna Umar
Moncton mortgage market
Moncton, New Brunswick, is the largest urban centre in New Brunswick and is located at the geographic centre of the Maritime provinces.
The city has a relatively small population of just over 145,000. It’s earned the nickname “Hub City” due to its central location in the region and history as a Maritime railway and land transportation hub.
Moncton has a long history of overcoming past economic shocks, most notably the collapse of the shipbuilding industry, after which it rebuilt itself into a railway town. When CNR’s locomotive shops disappeared in the late 1980s, it successfully rebuilt itself yet again.
As the second largest Census Metropolitan Area in the Maritime provinces, Moncton homebuyers enjoy reasonably competitive rates consistent with other Atlantic Canada locations. That said, they’re generally higher somewhat than the country’s most competitive big-city markets.
Moncton mortgage rate trends
Here’s a quick look at the recent history of Moncton mortgage rates, relative to the lowest national rates, as of year-end.
| Year | NB 5-year Fixed | Canada 5-year Fixed | NB Variable | Canada Variable |
|---|---|---|---|---|
| 2017 | 2.81% | 2.84% | 2.34% | 2.24% |
| 2018 | 3.44% | 3.50% | 3.04% | 2.76% |
| 2019 | 2.46% | 2.66% | 2.84% | 2.80% |
| 2020 | 1.69% | 1.52% | 1.70% | 1.17% |
| 2021 | 2.07% | 2.07% | 1.35% | 1.14% |
Moncton mortgage rates are forecast to follow the national average with somewhat of a premium due to the deeper economic downturn in the province. After falling to historic lows in 2020 and early 2021, rates began to rise by the spring of 2021.
Moncton Mortgage Graph
Moncton % change in July 2019
11.55
Greater Moncton % change in July 2019
11.87
Let's get started
What drives Moncton's mortgage outlook?
The housing market in Monctonand New Brunswick as a wholehas traditionally lagged other Canadian markets, but that changed post-pandemic.
As of the summer of 2021, house prices in Greater Moncton averaged $260,100, a 33.5% increase over the previous years price.
The region as a whole has benefited from scores of big-city homeowners in Ontario cashing in at todays high values and searching more affordable options in Atlantic Canada.
Comparing the best Moncton rates vs. banks
The same advice we offer to mortgage shoppers across the country applies equally to Moncton mortgage shoppers. Take the time and make an effort to juxtapose the mortgage options available to you. Then pick the option that appears to offer the lowest borrowing cost over a 5-year timeframe—or less if you need a short-term mortgage. Factor in things like prepayment penalties (be especially wary of big bank fixed-rate penalties), porting flexibility and early refinance options.
The spread between Moncton’s best and worst mortgage rates for well-qualified borrowers can be over a full percentage point, for the very same term. If you unknowingly accept a lender’s first rate offer, and it falls on the high side of that spread, you could end up paying thousands of dollars more than necessary, versus had you explored more alternatives.
Rates.ca helps you compare the best Moncton mortgage rates from the most reputable mortgage providers in the province. We display offers from both top lenders and top brokers licensed in the province.
Lubna Umar,
Lubna Umar is a former SEO Content Manager at Rates.ca. She has produced a wide variety of content, including academic essays, pieces of fiction and financial literacy guides. In her free time, she can be found exploring the caf culture in Toronto or any other major city.
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