Today's Mortgage Rates

These are our most competitive rates for qualified borrowers.
Rates may vary based on your credit, income, loan-to-value and property type.
Let's talk for a tailored quote.

5-Year Fixed
5-Year Variable
Insured
Conventional

Rates are subject to change without notice. OAC. Terms and conditions apply. Rates effective as of --.

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What You Should Know About Mortgage Rates

Variable

Variable rates are tied to the Bank of Canada's overnight rate. When that rate changes, lenders adjust their prime rates — which directly affects your variable mortgage.

Fixed

Fixed rates are based on bond markets — especially the 5-year Government of Canada bond. When yields go up or down, so do fixed mortgage rates.

Mortgage Rates Since 1980

See how fixed and variable mortgage rates have evolved over time.