Mortgage Rates in Moncton, NB — 2025

Compare current fixed and variable mortgage rates for Moncton homebuyers. NB's hottest housing market explained.

Moncton Housing Market 2025

Moncton is New Brunswick's — and arguably Atlantic Canada's — hottest housing market. Average home prices reached approximately $320,000 in 2025, up significantly from under $200,000 just four years prior. The appreciation has been driven by intense in-migration from Ontario and British Columbia, where buyers are trading $900,000–$1.2M mortgages for comparable Moncton properties at a third of the price. Despite the run-up, Moncton remains dramatically more affordable than major Canadian metros.

Current Mortgage Rate Ranges — Moncton (2025)

Rate Type	Term	Typical Range
Fixed	1 Year	5.29% – 5.99%
Fixed	2 Year	5.09% – 5.79%
Fixed	3 Year	4.89% – 5.59%
Fixed	5 Year	4.69% – 5.29%
Variable	5 Year	Prime – 0.5% to Prime + 0.5%
HELOC	Open	Prime + 0.5% – Prime + 1.0%

Mortgage Costs on a $320,000 Moncton Home

Down Payment	CMHC Insurance	Mortgage Amount	Monthly Payment (5yr, 5%)
5% ($16,000)	$12,160	$316,160	~$1,844/mo
10% ($32,000)	$8,352	$296,352	~$1,729/mo
20% ($64,000)	$0	$256,000	~$1,494/mo

Best Lenders for Moncton Mortgages

Moncton's competitive market means aggressive mortgage competition among lenders. The five major banks all have active mortgage divisions. Caisse populaire offers strong rates for Francophone borrowers. Mortgage brokers in Moncton — including Dominion Lending, Mortgage Alliance, and independent brokers — often secure rates 0.2–0.5% below posted bank rates, saving thousands over the life of a mortgage.

Tips for Moncton Buyers in a Hot Market

• Get fully underwritten pre-approval — not just pre-qualification — before making offers
• Moncton's market moves fast; be ready to act within 48 hours of listing
• Consider a rate hold (typically 90–120 days) to protect against rate increases during your search
• Use the FHSA account now — contributions are immediately tax-deductible
• Factor in rising property taxes as assessed values catch up to market prices