Today’s Mortgage Rates updated as of October 7, 2025 1:53 pm
5-year fixed*
5-year Variable*
*Insured loans. Other conditions apply. Rate in effect as of today.
National Bank is one of Canada’s leading financial institutions, offering a variety of competitive mortgage options tailored to suit your needs. At Citadel Mortgages, we help you access the best National Bank mortgage rates, saving you time and money while ensuring a seamless process.
Whether you’re a first-time homebuyer, refinancing, or renewing your mortgage, understanding current trends and available options helps you make informed financial decisions.
This guide focuses on helping you navigate the Canadian mortgage market, offering insights into current rates, strategies for securing the best deal, and regional trends.
Mortgage brokers play a pivotal role in helping Canadians find tailored financing options, providing expert advice, and navigating the often complex mortgage market.
For more detailed information on mortgage types, costs, and rights, consult the Government of Canada – Financial Consumer Agency of Canada (FCAC).
Compare National Bank mortgage rates to other top lenders to ensure you’re getting the best deal. Contact us to explore all your options.
Learn more about today’s best mortgage rates in Canada.
Competitive Rates
Flexible Payment Options
Generous Prepayment Privileges
Mortgage Portability
Tailored Solutions
Cashback Mortgages
HELOC (Home Equity Line of Credit)
First-Time Homebuyer Mortgages
Refinancing Options
To apply for a National Bank mortgage, you’ll need the following:
| Lender | 1-Year Fixed | 3-Year Fixed | 5-Year Fixed | 5-Year Variable |
|---|---|---|---|---|
| BMO | 5.20% | 5.35% | 5.45% | 5.15% |
| RBC | 5.25% | 5.40% | 5.50% | 5.20% |
| TD | 5.15% | 5.30% | 5.40% | 5.10% |
This table highlights how National bank competes with other leading Canadian lenders, offering competitive rates and flexible terms.
Using a mortgage broker that has access to some of the lowest mortgage rates in Canada, is key to ensure you have the best approval rate.
| Feature | Fixed Rates | Variable Rates |
|---|---|---|
| Interest Rate Stability | Fixed throughout the term | Fluctuates with market rates |
| Payment Consistency | Predictable payments | Payments may vary |
| Risk Level | Low | Moderate to high |
| Ideal For | Long-term planners | Risk-tolerant borrowers |
To secure National Bank’s most competitive rates, you’ll need:
Good Credit Score
Stable Income
Down Payment
Debt-to-Income Ratio
Start Your Prequalification Today
Access to Exclusive Rates
Customized Mortgage Solutions
Fast Approvals
Expert Guidance
Yes, cashback mortgages are available and can help cover immediate expenses like renovations or legal fees.
The process typically takes 2-4 weeks, depending on your documentation and lender approval.
Although Canadian lenders post their mortgage rates, you can try to negotiate a better rate. Mortgage lenders are highly competitive, and depending on current market conditions, your employee status, and your credit score, they might be willing to give you a bit of a break.
The terms of your mortgage agreement determine prepayment charges as follows:
As a new Canadian without an established credit history, you can still qualify for a TD mortgage if you are or have applied to become a permanent resident and have been in Canada for five years or less.
Competitive Rates
Innovative Programs
Generous Prepayment Options
Strong Customer Service
Wide Accessibility
Higher Closing Costs
Limited Promotions Outside Quebec
Eligibility Requirements
Founded in 1859, National Bank of Canada (Banque Nationale du Canada) has grown to become one of the country’s largest financial institutions, with a strong presence across Quebec and Canada. National Bank is well-known for its focus on customer service, financial innovation, and a commitment to helping Canadians achieve their financial goals.
While 33% of non-homeowners believe they’ll never own*, our Citadel mortgage brokers are 100% confident they can make it happen. How? With our expert advice and guidance.
(5-years interest savings with Citadel Mortgages)**
(Interest savings with Citadel Mortgages)
(5-years interest savings with Citadel Mortgages)**
(Interest savings with Citadel Mortgages)
Citadel Mortgages operates an information-based website that displays mortgage rates from its partners. While the company strives to provide the best possible rates, it cannot guarantee their accuracy at all times. Therefore, Citadel Mortgages accepts no liability for the precision of the information presented and is not accountable for any damages resulting from its use. Terms and conditions apply, and it is necessary to speak with a mortgage broker for further details. Please note that the rates displayed in this article are for article use only.
National Bank has a rich history of delivering innovative financial products and personalized customer service
At Citadel Mortgages, we specialize in helping Canadians navigate the complexities of mortgage rates and terms. Whether you’re looking for a 6-month fixed rate, a 5-year variable, or something in between, our team is here to provide personalized guidance and access to the best rates in Canada.
See how you can save and become mortgage-free sooner
Calculate how much you’d spend each month to buy a home or renew or refinance your mortgage.
Discover how much cash back you could receive with our Cash Back Mortgage Calculator.