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Mortgages / Best Mortgage Rates in Canada

Best Mortgage Rates in Canada

The lowest rate currently available in our comparison, by term. Rates are illustrative examples for this platform, not live institutional rates — see our methodology. Always confirm current rates directly with a lender.
Some links below are affiliate links; this does not affect which rate is shown as lowest. See our affiliate disclosure.

Best rate by term

Term
Best Rate
Lender
1-Year Fixed
6.14%
Union Peak Bank
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2-Year Fixed
5.44%
Frontier Credit Union
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3-Year Fixed
5.09%
Coastal Trust Co.
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5-Year Fixed
4.79%
Northbridge Financial
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3-Year Variable
4.40%
Union Peak Bank
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5-Year Variable
4.35%
Coastal Trust Co.
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Fixed-rate mortgages

Lender
1-Year
2-Year
3-Year
5-Year
Northbridge Financial
6.24%
5.54%
5.14%
4.79%
Coastal Trust Co.
6.19%
5.49%
5.09%
4.69%
Union Peak Bank
6.14%
5.49%
5.14%
4.84%
Frontier Credit Union
6.29%
5.44%
5.19%
4.89%

Variable-rate mortgages

Lender
3-Year
5-Year
Northbridge Financial
4.55%
4.45%
Coastal Trust Co.
4.45%
4.35%
Union Peak Bank
4.40%
4.40%
Frontier Credit Union
4.60%
4.50%