Marathon Mortgage Rates

Want great rates? You have come to the right lender. We will show you how you to best structure your mortgage to lower the overall interest you have to pay.

Our mortgage rates

Take advantage of our competitive rates. Switch your mortgage to Marathon and see how we go the distance for you.

TermCurrent Rate (%)
Term

6 Month Fixed Rate - 90 Day Rate (Purchases Only)

Term

LTV 95% or less *Insurance premium required on all LTVs (capitalized into mortgage)*

Current Rate (%)

4.49%

Term

5 Year Fixed Rates - 90 Day Rate (Insurable)

Term

LTV Above 80%

Current Rate (%)

5.19%

Term

LTV Between 75.01% - 80%

Current Rate (%)

5.44%

Term

LTV Between 70.01% - 75%

Current Rate (%)

5.34%

Term

LTV Between 65.01% - 70%

Current Rate (%)

5.29%

Term

LTV equals 65% or less

Current Rate (%)

5.19%

Term

4 Year Fixed Rates - 90 Day Rate (Insurable)

Term

LTV above 80%

Current Rate (%)

5.24%

Term

LTV between 70.01% - 80%

Current Rate (%)

5.44%

Term

LTV between 65.01% - 70%

Current Rate (%)

5.44%

Term

LTV equals 65% or less

Current Rate (%)

5.24%

Term

3 Year Fixed Rates - 90 Day Rate (Insurable)

Term

LTV above 80%

Current Rate (%)

5.59%

Term

LTV between 75.01% - 80%

Current Rate (%)

5.84%

Term

LTV between 70.01% - 75%

Current Rate (%)

5.74%

Term

LTV between 65.01% - 70%

Current Rate (%)

5.69%

Term

LTV equals 65% or less

Current Rate (%)

5.59%

Term

2 Year Fixed Rates - 90 Day Rate (Insurable)

Term

LTV above 80%

Current Rate (%)

6.59%

Term

LTV between 75.01% - 80%

Current Rate (%)

6.89%

Term

LTV between 70.01% - 75%

Current Rate (%)

6.84%

Term

LTV between 65.01% - 70%

Current Rate (%)

6.79%

Term

LTV equals 65% or less

Current Rate (%)

6.59%

Term

Uninsurable Mortgage Rates (Max. 80% LTV)

Term

5 Year Fixed Rate Max. 80% LTV (Uninsured)

Current Rate (%)

5.69%

Term

5 Year Adjustable Rate Max. 80% LTV (Uninsured)

Current Rate (%)

Prime minus 0.25

Term

5 Year Adjustable Rate (Insured)

Current Rate (%)

Up to prime minus 0.90

Term

ARM conversion rates vary. We encourage you to call our Customer Service team at 416-603-6060 or 1-855-503-6060 Extension "0" (Zero) to assist with your specific scenario

Term

ARM conversion rates range up to:

Current Rate (%)

6.94%

Term

Reinvestment Rates

Term

12 Months Reinvestment Rate

Current Rate (%)

5.638%

Term

2 Yr Reinvestment Rate

Current Rate (%)

5.091%

Term

3 Yr Reinvestment Rate

Current Rate (%)

4.689%

Term

4 Yr Reinvestment Rate

Current Rate (%)

4.553%

Term

5 Yr Reinvestment Rate

Current Rate (%)

4.481%

Term

Reinvestment rates are utilized for the purposes of calculating Interest Rate Differential (IRD). They are subject to change without notice as they change often.

Term

Bank of Canada Benchmark Rate

Current Rate (%)

5.25%

Term

Prime Rate ( P )

Current Rate (%)

7.20%

LTV = Loan-to-Value(Loan Amount / Purchase Price)

60-day rates cited above are promotional rates that are applicable ONLY for new business. They are not applicable for existing clients for renewals, ARM conversions, etc. Existing clients please call Marathon directly to learn more about rates applicable to your individual needs and circumstances. Phone: 416-603-6060

For 90 Day Rate Hold, a mininium of 0.05 % may be be applied to Fixed Rates only

For 120 Day Rate Hold, a minimum of 0.10 % may be applied to Fixed Rates only

For Switches or any other information about our rates please contact us at info@marathonmortgage.ca

Rates may vary provincially and are subject to change without notice OAC

A one-time float down is generally permitted for promotional rates. It must be requested by no later than 10 business days of the closing date (14 calendar days). In rare cases float downs may not be permitted. For certainty, please contact Marathon.

A Rate premium may apply for Amortizations below 210 months (17.5YRS). Please contact your RVP for further information

A rate premium may apply on select Second Home, New to Canada and Low Doc Advantage (BFS) products