Compare Canadian Mortgage Rates

Current Mortgage Rates from Super Brokers

Mortgage Type
or Term
Rates (%)
Rates (%)
Change (%)
Last Date of
Variable rate1.391.65-0.26 percentage pointsThe Rate has DecreasedMar 16, 2021
6 month rate 2.792.99-0.2 percentage pointsThe Rate has DecreasedSep 18, 2020
1 year rate 1.841.64+0.2 percentage pointsThe Rate has IncreasedMar 16, 2021
2 year rate 1.541.59-0.05 percentage pointsThe Rate has DecreasedMar 16, 2021
3 year rate 1.541.59-0.05 percentage pointsThe Rate has DecreasedMar 16, 2021
4 year rate 1.641.74-0.10 percentage pointsThe Rate has DecreasedDec 19, 2020
5 year rate 1.841.69+0.15 percentage pointsThe Rate has IncreasedMar 16, 2021
7 year rate 2.642.44+0.2 percentage pointsThe Rate has IncreasedMar 16, 2021
10 year rate 2.952.84+0.11 percentage pointsThe Rate has IncreasedMar 16, 2021
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.

Mortgage Type/Term
VariableVar MthMo YearYr YearYr YearYr YearYr YearYr
Our Mortgage Rates** 1.39 2.79 1.84 1.54 1.54 1.64 1.84
RBC Royal Bank2.452.692.692.843.353.994.79
TD Canada Trust2.603.042.792.943.493.744.59
Bank of Montreal2.453.042.792.943.494.094.79
HSBC Bank Canada1.393.
Alterna Bank/Savings1.453.352.692.692.492.792.59
Canadian Western Bank/Trust1.903.602.342.442.592.692.72
Investors Group Trust2.453.752.692.893.453.994.79
Canada Life2.453.752.692.893.453.994.79
Meridian Credit Union1.553.892.092.292.393.892.69
IC Savings-3.992.692.892.993.093.19
Effort Trust-4.002.992.993.503.603.70
Peace Hills Trust-4.252.792.542.692.892.99
Desjardins - Caisses2.454.402.792.943.494.094.74
National Bank2.454.402.792.943.454.094.79
Laurentian Bank of Canada2.454.402.692.943.454.094.74
Tandia Financial CU3.354.502.592.692.793.204.15
Libro Credit Union-4.752.
FirstOntario Credit Union1.454.992.692.442.592.742.69
Rapport Credit Union2.956.003.592.192.243.942.35
Simplii Financial2.456.193.192.893.644.294.74
Comtech Fire Credit U.-6.203.393.493.693.742.35
Steinbach Credit Union--2.292.352.402.502.65
Kindred Credit Union2.45-2.602.652.702.752.80
Equitable Bank--2.992.592.542.642.74
First National Financial2.45-3.042.842.692.592.49
Home Trust1.35-
Luminus Financial3.50-4.102.504.354.802.99
Parama Credit Union2.70-2.892.993.093.193.29
Last comparison update: 2021-11-30

*  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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