Best 5-Year Fixed
4.49%
Tangerine
Today's Lowest Canadian Mortgage Rates
Posted and bank-published discounted rates from 12 Canadian lenders. Updated June 25, 2026.
Independent. No estimated rates — every figure comes straight from each lender's public rates page. See methodology.
Best 5-Year Fixed
4.39%
ATB Financial
Best 5-Year Fixed
4.24%
Coast Capital Savings
Best 5-Year Fixed
4.49%
Tangerine
Best 5-Year Fixed
4.49%
Tangerine
Best 3-Year Fixed
4.44%
Tangerine
Best 3-Year Fixed
4.34%
ATB Financial
Best 3-Year Fixed
4.04%
Coast Capital Savings
Best 3-Year Fixed
4.44%
Tangerine
Best 3-Year Fixed
4.44%
Tangerine
Best Variable
3.95%
RBC Royal Bank
Best Variable
3.80%
ATB Financial
Best Variable
3.79%
Coast Capital Savings
Best Variable
3.95%
RBC Royal Bank
Best Variable
3.95%
RBC Royal Bank
All lender rates
Updated June 25, 2026. Posted rates are the public rates each lender advertises; discounted rates are the bank's own special-offer rates published alongside posted. Both come directly from the lender. See our methodology.
Rates shown are updated daily and are not an offer of credit. Actual rates require lender approval and may differ. Discounted rates are the bank's own published special-offer rates; a mortgage broker can often secure a lower rate than what's shown. See our methodology.
| 4.74% | 4.89% | 3.95% | Visit lender → | |
| 4.69% | 4.84% | 4.24% | Visit lender → | |
| 4.64% | 4.84% | 4.10% | Visit lender → | |
| 6.05% | 4.90% | 5.95% | Visit lender → | |
| 4.64% | 4.84% | 3.95% | Visit lender → | |
| 4.74% | 4.84% | 4.45% | Visit lender → | |
| 4.44% | 4.49% | 4.00% | Visit lender → | |
| 4.59% | 4.64% | 4.15% | Visit lender → | |
| 4.04% | 4.24% | 3.79% | Visit lender → | |
| 4.39% | 4.54% | — | Visit lender → | |
| 4.34% | 4.39% | 3.80% | Visit lender → | |
| 5.99% | 4.49% | 4.10% | Visit lender → |
Posted Discounted
Discounted rates shown are bank-advertised special offers. Mortgage brokers may offer further discounts. Posted rates are used by federal stress tests; actual qualifying rates may differ.
Learn before you choose
A few of the decisions every Canadian homeowner faces — see all guides for the full set.
Fixed vs variable mortgage: which to pick in Canada
Variable rates usually start cheaper, but fixed locks the payment for five years. We break down when each wins and give you a tool to model your numbers.
Read the guide →How much mortgage can I afford in Canada?
Affordability is bound by GDS/TDS ratios, the federal stress test, and your down payment. Here's how to back into your real number, not the bank's maximum.
Read the guide →Bank or broker: where should you get your Canadian mortgage?
Brokers shop a wider lender pool and almost always quote a lower rate. Banks offer simpler servicing and bundle discounts. Here's when each actually wins.
Read the guide →The Canadian mortgage stress test, explained
OSFI's B-20 rule makes every borrower qualify at the higher of contract+2% or 5.25%. How it works, who it applies to, and the 2024 renewal exemption.
Read the guide →Calculators
Run the numbers before you talk to a lender or broker.
Payment
Estimate your monthly mortgage payment, total interest, and CMHC premium.
Open →Affordability
See your maximum approval based on GDS/TDS ratios and the federal stress test.
Open →Closing Costs
Province-aware land transfer tax + legal + title + inspection. Toronto MLTT and first-time buyer rebates baked in.
Open →