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
Meridian Credit Union1.353.891.992.192.243.892.29
Home Trust1.35-2.141.841.841.841.94
HSBC Bank Canada1.393.191.991.892.092.292.39
Alterna Bank/Savings1.453.352.792.491.942.692.09
Canadian Western Bank/Trust1.903.602.342.152.292.372.47
FirstOntario Credit Union2.254.842.542.342.342.342.34
Investors Group Trust2.453.752.692.893.453.994.79
National Bank2.454.402.692.943.454.094.79
Simplii Financial2.456.193.192.893.644.294.74
RBC Royal Bank2.452.692.692.843.353.994.79
Laurentian Bank of Canada2.454.402.692.943.454.094.74
Kindred Credit Union2.45-2.602.652.702.752.80
Desjardins - Caisses2.454.402.792.943.494.094.74
Bank of Montreal2.453.042.792.943.494.094.79
First National Financial2.45-3.042.842.692.592.49
Canada Life2.453.752.692.893.453.994.79
TD Canada Trust2.603.042.792.943.493.744.59
Parama Credit Union2.70-2.892.993.093.193.29
Rapport Credit Union2.956.003.593.743.893.942.19
Tandia Financial CU3.354.502.592.692.793.204.15
Luminus Financial3.50-4.102.504.354.802.99
IC Savings-3.992.692.892.993.093.19
Equitable Bank--2.992.
Effort Trust-4.002.992.993.503.603.70
Steinbach Credit Union--
Comtech Fire Credit U.-6.203.393.493.693.742.35
Libro Credit Union-4.752.
Peace Hills Trust-4.252.501.992.292.692.99
Last comparison update: 2021-10-21

*  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.

Apply for a Mortgage

Reverse Mortgage

Find More

Mortgage Calculator With Lump Sums
Our mortgage calculator will help you visualize multiple side-by-side mortgage scenarios.

How Much Can You Afford?
This calculator will find how much you may be pre-approved for based on industry standard guidelines.

Mortgage Rate History
Take a glimpse at how mortgage rates have increased and decreased in the last decade.

See the Prime Rate
The current prime rate, info on how it works, and the implications for variable rate mortgages.

Mortgage Calculator
Apply for Mortgage
Mortgage Brokers
Buying a house takes a fair bit of time and chances are your life is pretty busy already, what with work, school, maybe even soccer practice for the kids. Hire the right professionals and you can take that hassle off your plate. Our brokers can handle everything for you, from start to finish, and do it in record time.
Mortgage Brokers Save Time