Todays Prime Lending Rate

Mortgage lenders ditch Eibor as base rate – Standard Chartered Bank, for instance, which revises its loan rates every six months, informed their mortgage customers some time back that their loans will no longer be benchmarked to Eibor. "Your.

Prime Rate. The prime rate in Canada is currently 3.95%. The prime rate, also known as the prime lending rate, is the annual interest rate Canada’s major banks and financial institutions use to set interest rates for variable loans and lines of credit, including variable-rate mortgages.