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Set up direct deposit and skip the monthly fee. Free to open, and the Easy plan has no monthly fee. Worth doing if you will actually move your pay or your CRA deposits over, not if the card sits unused. Code BREMO2026.
Compare current fixed and variable mortgage rates for Moncton homebuyers. NB's hottest housing market explained.
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Open KOHO Free — Code BREMO2026Moncton 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.
| 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% |
| 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 |
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.
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