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Compare Canadian Mortgage Rates

Current Mortgage Rates from Super Brokers

Mortgage Type
or Term
Current
Rates (%)
Previous
Rates (%)
Rate
Change (%)
Last Date of
Change
Variable rate2.252.20+0.05 percentage pointsThe Rate has IncreasedApr 22, 2020
6 month rate 3.303.34-0.04 percentage pointsThe Rate has DecreasedApr 2, 2020
1 year rate 2.493.19-0.70 percentage pointsThe Rate has DecreasedMay 21, 2020
2 year rate 2.492.84-0.35 percentage pointsThe Rate has DecreasedMay 21, 2020
3 year rate 2.492.74-0.25 percentage pointsThe Rate has DecreasedMay 21, 2020
4 year rate 2.492.69-0.20 percentage pointsThe Rate has DecreasedMay 21, 2020
5 year rate 2.392.49-0.10 percentage pointsThe Rate has DecreasedMay 7, 2020
7 year rate 3.243.39-0.15 percentage pointsThe Rate has DecreasedApr 23, 2020
10 year rate 3.553.64-0.09 percentage pointsThe Rate has DecreasedMay 18, 2020
Last mortgage rate update: Today

Mortgage Rate Comparison

Compare mortgage rates with other banks and lenders using our mortgage rate comparison chart below. All rates are updated daily and are for Canadian residents only.

Find the best residential mortgage rates in Canada*

Tip: Click any two mortgage rates to compare typical payment amounts & interest. Click the mortgage term links to change the sorting of the table, based on the mortgage rate, best to worst, and vice versa.

Financial
Institution
Mortgage Type/Term
VariableVar MthMo YearYr YearYr YearYr YearYr YearYr
Our Mortgage Rates** 2.25 3.30 2.49 2.49 2.49 2.49 2.39
Canada Life3.954.203.493.594.144.895.19
Investors Group Trust3.954.203.493.594.144.895.19
CIBC2.453.753.192.893.794.345.04
National Bank2.954.503.293.493.944.645.04
Simplii Financial2.456.193.192.893.894.394.99
Rapport Credit Union2.956.003.593.743.893.944.99
Laurentian Bank of Canada2.654.403.393.493.944.594.99
TD Canada Trust2.603.343.443.543.893.944.99
Scotiabank2.653.753.193.293.894.194.94
Bank of Montreal2.454.203.093.393.894.344.94
RBC Royal Bank2.453.043.043.393.904.444.94
Equitable Bank--3.043.393.904.444.94
Desjardins - Caisses2.454.403.293.493.894.294.94
Effort Trust-4.404.404.504.704.804.90
Peace Hills Trust-4.503.353.503.754.054.25
Luminus Financial3.50-4.104.204.354.803.99
Parama Credit Union2.70-3.293.293.393.493.59
Comtech Fire Credit U.-6.203.393.493.693.743.49
Manulife3.054.453.243.293.343.393.44
First National Financial2.454.493.443.193.193.193.19
Alterna Bank/Savings2.954.403.643.842.894.943.09
Meridian Credit Union2.554.003.243.043.043.892.94
FirstOntario Credit Union2.554.943.392.792.842.842.84
Steinbach Credit Union--2.792.792.792.792.75
Libro Credit Union-4.752.592.592.642.692.74
Tangerine2.45-3.192.692.692.892.69
Kindred Credit Union2.45-3.103.153.203.302.64
ATB Financial2.654.503.393.493.493.542.64
Canadian Western Bank/Trust2.653.942.592.592.592.592.59
Home Trust2.35-3.993.543.793.852.54
HSBC Bank Canada2.253.192.592.342.392.642.44
Last comparison update: 2020-05-26

*  These rates are the most widely available rates across Canada. The products these rates are meant to represent are available to approximately 90% of Canadians with good credit and income.

** These are the lowest mortgage rates known to us. We can not guarantee the availability of these rates in your area, and restrictions may apply. Call Super Brokers to learn what rates are available to you at 1-800-604-1864.

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