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April 1
It was great
It was great
David Rae
March 31
Customer experience was great
Customer experience was great, the agent had all my information and transferred ...
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March 31
Great communication
Great communication, quick service.
STEPHEN Lastname
March 29
Contacting back
Contacting back
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March 29
Friendly fast service
Friendly fast service
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March 28
fast and efficiant
fast and efficiant
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March 28
The representative was very helpful & knowledgeable
The representative was very helpful
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March 27
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Smoothe as silk. Knew what I wanted right away. Not a second wasted.
Mike
March 25
Had a great experience as of now
Had a great experience as of now Always trying to help me
R.C.
March 24
The representatives are fantastic
The representatives are fantastic. Excellent experience!!
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March 23
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March 22
Great Rate
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March 21
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March 20
EXcellent service while obtaining quote
EXcellent service while obtaining quote
harvey scott
March 18
Useful information can be found
Useful information can be found
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The best current mortgage rates in Canada

Check out today's best mortgage rates in Canada by type and term.

Rates are based on an average mortgage of $300,000
 Insured ?

The rates in this column apply to borrowers who have purchased mortgage default insurance. This is required when you purchase a home with less than a 20% down payment. The home must be owner-occupied and the amortization must be 25 years or less.

80% LTV ?

The rates in this column apply to mortgage amounts between 65.01% and 80% of the property value. The home must be owner-occupied and have an amortization of 25 years or less. You must have purchased it for less than $1 million. These rates are not available on refinances. Refinances require "Uninsured" rates.

65% LTV ?

The rates in this column apply to mortgage amounts that are 65% of the property value or less. The home must be owner-occupied and have an amortization of 25 years or less. You must have purchased it for less than $1 million. These rates are not available on refinances. Refinances require "Uninsured" rates.

Uninsured ?

The rates in this column apply to purchases over $1 million, refinances and amortizations over 25 years. More info on the differences between insured and uninsured rates.

Bank Rate ?

Bank Rate is the mortgage interest rate posted by the big banks in Canada.

 
1-year fixed rate
Insured
4.69%
80% LTV
4.19%
65% LTV
4.19%
Uninsured
5.49%
5.49%
 
2-year fixed rate
Insured
3.89%
80% LTV
3.89%
65% LTV
3.89%
Uninsured
4.7%
4.79%
 
3-year fixed rate
Insured
3.79%
80% LTV
3.79%
65% LTV
3.79%
Uninsured
3.89%
4.39%
 
4-year fixed rate
Insured
4.04%
80% LTV
3.99%
65% LTV
3.99%
Uninsured
4.44%
4.29%
 
5-year fixed rate
Insured
3.64%
80% LTV
3.89%
65% LTV
3.64%
Uninsured
3.64%
3.99%
 
7-year fixed rate
Insured
4.39%
80% LTV
4.19%
65% LTV
4.19%
Uninsured
5.15%
5%
 
10-year fixed rate
Insured
5.04%
80% LTV
4.34%
65% LTV
4.34%
Uninsured
5.25%
6.79%
 
3-year variable rate
Insured
4.15%
80% LTV
4.3%
65% LTV
4.3%
Uninsured
4.45%
6.35%
 
5-year variable rate
Insured
3.95%
80% LTV
3.95%
65% LTV
3.95%
Uninsured
4%
4.25%
 
HELOC rate
Insured
N/A
80% LTV
N/A
65% LTV
N/A
Uninsured
N/A
N/A
 
Stress test
Insured
5.25%
80% LTV
5.25%
65% LTV
5.25%
Uninsured
5.25%
N/A

About fixed closed mortgage rates.

Want the security of knowing your mortgage rates won’t increase anytime soon? Like the predictability of payments that stay the same every month? If you answered yes to both questions, then you’ll want a fixed closed mortgage.

Fixed closed mortgages bring you peace of mind: they're simple and easy to understand, and your rates stay the same for the duration of your selected term.

In today’s market, you'll find that fixed closed mortgages also offer remarkably low interest rates. And, as an added benefit of this type of mortgage, most lenders let you make yearly lump-sum payments, which means you can actually become mortgage-free ahead of schedule.

You can get started by selecting a fixed rate mortgage product from the rate chart above.

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