Compare mortgage rates with other Canadian banks and lenders. If you are interested in applying for one of these rates below please contact a local mortgage broker or complete the online mortgage application to lock in today's best rates! All of our Canadian mortgage rates are updated daily.

Financial Institution Variable 1 Year 2 Year 3 Year 4 Year 5 Year 7 Year 10 Year
Lowest Rates in Canada 2.25% 2.19% 2.19% 2.29% 2.49% 2.44% 3.24% 3.74%
Mortgage Pre-Approval Mortgage Pre-Approval Mortgage Pre-Approval Mortgage Pre-Approval Mortgage Pre-Approval Mortgage Pre-Approval Mortgage Pre-Approval Mortgage Pre-Approval
ATB Financial 2.60% 2.94% 2.64% 2.69% 2.74% 2.94% 4.44% -
B2B Bank 2.55% 2.94% 2.44% 2.54% 2.74% 2.74% 3.44% 3.84%
Bank of Montreal 2.70% 2.89% 2.99% 3.39% 3.89% 2.89% 5.30% 3.74%
Bridgewater Bank 2.85% 4.75% 4.65% 4.70% 5.15% 5.00% - -
Canadian Western Bank 3.20% 3.14% 3.04% 3.75% 4.39% 4.99% - -
Canadiana Financial 2.35% 2.19% 2.24% 2.29% 2.49% 2.59% - -
CFF Bank 2.35% 2.69% 2.24% 2.39% 2.59% 2.74% - -
CIBC 2.70% 2.84% 2.79% 3.39% 4.09% 4.79% 3.59% 6.09%
CMLS Financial 2.45% 2.29% 2.19% 2.34% 2.74% 2.64% 4.34% 4.84%
Equitable Bank 2.35% 2.39% 2.29% 2.34% 2.54% 2.69% - -
First National Financial 2.40% 2.29% 2.24% 2.49% 2.64% 2.49% 3.44% 3.84%
Home Trust 2.35% 2.69% 2.24% 2.39% 2.59% 2.74% - -
HSBC 2.69% 3.14% 2.44% 3.54% 4.24% 2.80% 5.74% 6.04%
ICICI Bank 2.45% 3.15% 3.65% 3.64% 3.69% 2.64% - -
Laurentian Bank 2.45% 2.89% 2.84% 3.39% 3.89% 3.19% 5.30% 6.10%
Manulife Bank 2.40% 3.00% 2.94% 2.84% 2.79% 2.89% 3.89% 3.99%
MCAP 2.50% 2.89% 2.39% 2.49% 2.59% 2.74% 4.19% 3.84%
Merix Financial 2.25% 2.29% 2.29% 2.39% 2.49% 2.44% 6.25% 6.45%
National Bank of Canada 2.60% 2.94% 2.54% 2.64% 2.74% 2.89% 3.59% 3.89%
Optimum Mortgage 2.90% 2.69% 2.59% 2.69% 2.99% 3.29% - -
PC Financial 2.70% - 2.79% 3.34% 3.99% 2.82% 3.24% 5.70%
Radius Financial 2.55% 2.89% 2.64% 2.64% 2.74% 2.69% - -
Royal Bank of Canada 2.60% 3.14% 2.39% 2.64% 2.79% 2.99% 3.59% 3.99%
RMG Mortgages 2.45% 3.19% 2.39% 2.49% 2.59% 2.79% - -
Scotiabank 2.60% 2.94% 2.44% 2.64% 2.79% 2.99% 3.64% 4.14%
Street Capital Financial 2.35% 2.29% 2.24% 2.44% 2.59% 2.54% - -
Tangerine 2.70% 3.19% 3.24% 3.49% 3.69% 3.79% 4.44% 4.69%
TD Canada Trust 2.50% 2.94% 2.19% 2.39% 2.59% 2.74% 3.44% 3.84%
TCU Financial Group 2.70% 2.89% 2.94% 2.79% 2.85% 2.94% 4.19% -
Vancity 2.50% 2.84% 2.94% 3.19% 2.99% 3.04% 3.89% 4.29%

Rates last updated July 13, 2016

***We can't guarantee availability of these rates in your area, and restrictions may apply.***