Pine prime rate changes FAQ
When Pine’s Prime Rate changes, we realize you may have some questions about how this affects your adjustable rate mortgage with us.
Pine’s prime rate
Effective date
Pine Prime Rate is the variable annual interest rate published by us from time to time as our Pine Prime Rate and is the interest rate we will use as a reference to determine the interest rate that we will charge to customers for certain credit products provided by us in Canada.
Pine's historical prime
Date
Pine prime rate
July 13, 2023
7.200%
June 8, 2023
6.950%
January 26, 2023
6.700%
December 8, 2022
6.450%
October 27, 2022
5.950%
September 8, 2022
5.450%
July 14, 2022
4.700%
June 2, 2022
3.700%
April 14, 2022
3.200%
March 20, 2022
2.450%
March 17, 2022
2.950%
March 5, 2022
3.450%
March 3, 2022
2.700%