Compare Mortgage Rates

Let Rate Showroom compare mortgage rates for you.  Compare mortgage rates and terms from Canada’s best mortgage lenders.

Variable Rates
Updated: August 28, 2020

Rate ShowroomLenderTermRate HoldPre-paymentsDouble-up
Option
Other Special
Conditions
 
1.85%
MCAP
5 Years120 Days20/20NoInsured Purchase/TransferRequest Rate
1.95%
TD - Canada Trust
5 Years120 Days15/20NoInsured Special OfferRequest Rate
1.95%First National Financial LP
First National
5 Years120 Days15/15YesConventional/InsuredRequest Rate
1.95%Scotiabank
Scotiabank
5 Years120 Days15/15YesClosedRequest Rate
2.03%
CIBC
5 Years90 Days10/10NoSpecial OfferRequest Rate
2.05%
Tangerine
5 Years120 Days25/25NoNoRequest Rate
2.15%
BMO
5 Years120 Days20/20NoAmortization over 25 years<Request Rate
2.18%
Royal Bank
5 Years120 Days10/10YesClosedRequest Rate
2.45%
National Bank
5 Years90 Days10/20YesNoRequest Rate
2.90%Merix
Merix
5 Years120 Days20/20NoNoRequest Rate

Fixed Rates
Updated: August 28, 2020

Rate ShowroomLenderTermRate HoldPre-paymentsDouble-up OptionOther Special Conditions 
1.94%
Scotiabank
5 YearsJuly 31st, 2019 closing15/15YesInsured SpecialRequest Rate
1.94%MCAP
MCAP
5 Years45 Days20/20NoInsured Purchase/TransferRequest Rate
1.94%First National FInancial LP
First National
5 Years90 Days15/15YesInsured Purchase.TransferRequest Rate
1.99%
TD Canada Trust
5 Years120 Days15/20NoInsured Special OfferRequest Rate
2.07%
CIBC
5 Years90 Days10/10NoClosedRequest Rate
2.07%
BMO
5 Years60 Days10/10NoNoRequest Rate
2.24%
National Bank
5 Years90 Days10/20YesNoRequest Rate
2.49%
RBC Royal Bank
5 Years120 Days10/10YesClosedRequest Rate

Rates are subject to change without notice. All rates are subject to borrower qualification.

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