Northwest Territories mortgage rates & registration fees
Mortgage rates in the Northwest Territories are the same national rates offered across Canada — Yellowknife buyers see the identical offers as buyers everywhere else. The territory charges no land transfer tax, only a registration fee scaled to value. Here are the verified national offers and what the registration fee comes to.
Mortgage rates are national, not provincial
No Canadian lender quotes a different rate in Northwest Territories than it does anywhere else in the country — a five-year fixed in Northwest Territories is the same number it offers nationwide. So the verified offers below apply to Northwest Territories buyers exactly as they do across Canada. What genuinely changes by province is the cost of closing — above all, the registration fee.
Verified national mortgage rates
Verified at the source · July 30, 2026| Lender | Product | Rate | Type | |
|---|---|---|---|---|
| Nesto | 5-yr fixed · insured | 4.09% | special | source |
| DUCA | 5-yr fixed · insured high-ratio | 4.14% | special | source |
| First National | 5-yr fixed · insured · conventional 4.84 | 4.49% | posted | source |
| Tangerine | 5-yr fixed | 4.49% | special | source |
| TD | 5-yr fixed | 4.84% | special | source |
| BMO | 5-yr fixed · Smart Fixed — no full payout for 5 yrs except sale; insured 4.74 | 4.84% | special | source |
| National Bank | 5-yr fixed · high-ratio 4.69 | 4.84% | special | source |
| RBC | 5-yr fixed · high-ratio 4.59 | 4.89% | special | source |
| CIBC | 5-yr fixed · high-ratio 4.64 | 4.94% | special | source |
| Scotiabank | 5-yr fixed · specials not published | 6.09% | posted | source |
| Nesto | 3-yr fixed · insured | 4.14% | special | source |
| DUCA | 3-yr fixed · insured high-ratio | 4.24% | special | source |
| Tangerine | 3-yr fixed | 4.44% | special | source |
| BMO | 3-yr fixed · amortization ≤25y | 4.64% | special | source |
| TD | 3-yr fixed | 4.69% | special | source |
| National Bank | 3-yr fixed | 4.69% | special | source |
| CIBC | 3-yr fixed | 4.74% | special | source |
| RBC | 3-yr fixed | 4.74% | special | source |
| First National | 3-yr fixed | 4.94% | posted | source |
| Scotiabank | 3-yr fixed | 5.95% | posted | source |
| Nesto | 5-yr variable · insured | 3.40% | special | source |
| RBC | 5-yr variable · prime − 0.50 · high-ratio 3.65 | 3.95% | special | source |
| Tangerine | 5-yr variable | 4.00% | special | source |
| BMO | 5-yr variable · amortization ≤25y | 4.10% | special | source |
| CIBC | 5-yr variable · high-ratio flex 3.95 | 4.10% | special | source |
| National Bank | 5-yr variable | 4.10% | special | source |
| First National | 5-yr variable · prime − 0.26 · insured 3.70 | 4.19% | posted | source |
| TD | 5-yr variable · TD prime − 0.36 | 4.24% | special | source |
| Scotiabank | 5-yr variable · Flex Value | 4.90% | posted | source |
These are national offers — the same rates apply to Northwest Territories buyers. Advertised special-offer rates for standard residential mortgages, read at each lender's own page. Insured (high-ratio) pricing is typically lower than uninsured; many lenders only advertise one. Brokers and smaller lenders frequently beat every rate in this table.
Closing costs in Northwest Territories
Verified · June 12, 2026The Northwest Territories charges no land transfer tax. Buyers pay a registration fee of about $2 per $1,000 of value up to $1 million, then $1.50 per $1,000 above that (under the September 2025 schedule).
Because the fee is roughly 0.2% rather than a graduated tax climbing past 2%, the NWT stays inexpensive to close compared with provinces like Ontario or BC. The worked examples below show the fee at three price points.
| Purchase price | Total registration fee |
|---|---|
| $500,000 | $1,000 |
| $800,000 | $1,600 |
| $1,000,000 | $2,000 |
These are computed registration fees, not a percentage transfer tax — which is why Northwest Territories stays inexpensive to close. For an exact figure on your own price — including first-time-buyer relief — use the land transfer tax calculator.
First-time buyer help
The Northwest Territories has no land transfer tax, so there is no first-time-buyer transfer tax rebate — none is needed. The registration fee is the same value-scaled amount for every buyer.
Good to know
- The NWT charges no land transfer tax — only a registration fee of about $2 per $1,000 up to $1M, then $1.50 per $1,000.
- The fee schedule shown reflects the September 2025 update.
- CMHC pegs total closing costs at roughly 1.5%–4% of the purchase price; NWT buyers usually land at the low end.
- Budget for legal fees, title insurance and an inspection alongside the registration fee.
Run the numbers for Northwest Territories
Rates are national; your closing cost is local. Calculate exactly what you'll pay.
Frequently asked questions
Are mortgage rates different in the Northwest Territories?
No. Canadian mortgage rates are national — lenders quote the same five-year fixed or variable rate in the Northwest Territories as anywhere else. The verified offers above apply to NWT buyers exactly as they do across the country. What differs is the closing cost, which in the NWT is a registration fee rather than a transfer tax.
Does the Northwest Territories have a land transfer tax?
No. The Northwest Territories charges a registration fee of about $2 per $1,000 of value up to $1 million, then $1.50 per $1,000 above that, under the September 2025 schedule. On an $800,000 home that is roughly $1,600 — far below the transfer taxes charged in provinces like Ontario or BC.
Do first-time buyers get relief in the Northwest Territories?
There is no first-time-buyer transfer tax rebate because there is no land transfer tax. Every buyer pays the same value-scaled registration fee, keeping the NWT among the cheaper jurisdictions to close on a home.
What are the main closing costs in the Northwest Territories?
With only a registration fee rather than a transfer tax, the largest closing costs are usually legal fees, title insurance, a home inspection and the registration fee itself. CMHC pegs total closing costs at roughly 1.5% to 4% of the purchase price, and NWT buyers typically sit at the low end.
Educational content, not financial advice or a rate guarantee. Mortgage rates are national; lender specials were read at each lender's own page on the stamped date and change without notice. Land transfer tax brackets, rates and rebates verified June 12, 2026 at official government sources and computed by RetireSmarter's land-transfer-tax engine — always confirm your exact figure with your lawyer or the relevant authority before closing.