Today’s Best Halifax Rates
|1-YR||1.84%||Mortgage financing company||Get this rateCompare all rates|
|2-YR||1.54%||Mortgage financing company||Get this rateCompare all rates|
|3-YR||1.49%||Mortgage financing company||Get this rateCompare all rates|
|4-YR||1.69%||Mortgage financing company||Get this rateCompare all rates|
|5-YR||1.84%||Mortgage financing company||Get this rateCompare all rates|
|6-YR||2.74%||Big bank||Get this rateCompare all rates|
|7-YR||2.24%||Mortgage financing company||Get this rateCompare all rates|
|10-YR||2.69%||Mortgage financing company||Get this rateCompare all rates|
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An Atlantic Ocean port in eastern Canada, Halifax is the capital of Nova Scotia.
A major business centre, it’s also known for its maritime history. The city’s dominated by the hilltop Citadel, a star-shaped fort completed in the 1850s. Waterfront warehouses known as the Historic Properties recall Halifax’s days as a trading hub for privateers, notably during the War of 1812.
With a population of 412,674, Halifax is a major economic centre in Atlantic Canada, including a large concentration of government services and private sector companies.
About the Halifax Housing Market
Halifax saw a great summer housing market following the onset of COVID-19. As of July 2020, multiple bids were continuing to create an extremely competitive market.
That’s because overall supply is running at the lowest levels in more than a decade and continues to fall. Active residential listings numbered 4,334 units at the end of July. This was a large decline of 36.5% from the end of July 2019.
The average home price is around $290,000.
Halifax Mortgage Brokers
Looking to buy in Halifax? It’s best to speak to someone who understands the market to help you navigate mortgage rates in this city. Don’t hesitate to submit an application online and one of our advisors will be happy to help you find the best product for your needs.
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