Getting started8 min read
First-Time Home Buyer Guide in Canada
Everything you need to know before buying your first home.
Read moreCanadian mortgage estimates · CMHC/SCHL
Find and compare the best mortgage rates in Canada
Estimate your monthly payment, compare major Canadian banks, and stay informed when rates change.
Built for Canadian home buyers. CMHC/SCHL insurance included.
Mortgage rates from major Canadian banks
Sample rates only — for comparison purposes.
Bank-specific rates
Posted and admin-verified rates for our 8 approved Canadian lenders.
| Logo | Bank | 3-Year Fixed | 5-Year Fixed | 3-Year Variable | 5-Year Variable | Featured | Last Updated |
|---|---|---|---|---|---|---|---|
RB | RBC Royal BankMajor bank | 5.59% | 5.04% | 5.95% | 5.85% | Updated: Jun 11, 2026Verify rate | |
TD | TD Canada TrustMajor bank | 5.64% | 5.09% | 5.95% | 5.90% | Updated: Jun 11, 2026Verify rate | |
SC | ScotiabankMajor bank | 5.69% | 5.14% | 6.00% | 5.95% | Updated: Jun 11, 2026Verify rate | |
BM | BMO Bank of MontrealMajor bank | 5.62% | 5.04% | 5.95% | 5.85% | Updated: Jun 11, 2026Verify rate | |
CI | CIBCMajor bank | 5.66% | 5.09% | 6.00% | 5.90% | Updated: Jun 11, 2026Verify rate | |
NA | National Bank of CanadaMajor bank | 5.64% | 5.09% | 5.95% | 5.85% | Updated: Jun 11, 2026Verify rate | |
DE | DesjardinsQuebec lender | 5.59% | 5.04% | 5.90% | 5.80% | Updated: Jun 11, 2026Verify rate | |
LA | Laurentian BankQuebec lender | 5.69% | 5.14% | 6.05% | 5.95% | Updated: Jun 11, 2026Verify rate |
Rates are for informational purposes only and may change without notice. Always confirm directly with the lender or a licensed mortgage professional.
Guides for Canadian home buyers
Learn how mortgages work in Canada.
Rates6 min read
Fixed vs Variable Mortgage Rates
Which option fits your financial profile?
Read moreInsurance5 min read
How CMHC/SCHL Insurance Works
Understand mortgage default insurance in Canada.
Read morePlanning4 min read
How Much Down Payment Do You Need?
Minimums, sweet spots, and the 20% rule.
Read moreProcess7 min read
Mortgage Pre-Approval Checklist
What to prepare before talking to a lender.
Read moreRegional9 min read
Buying a Home in Quebec
Welcome tax, notary fees, and Quebec specifics.
Read moreQualification6 min read
Understanding Mortgage Stress Test in Canada
How lenders qualify you above the contract rate.
Read morePlanning5 min read
25-Year vs 30-Year Amortization
Total cost, monthly payment, and eligibility.
Read moreCosts6 min read
Closing Costs in Canada
Land transfer tax, legal fees, inspections and more.
Read moreRates5 min read
How to Compare Mortgage Rates
APR, terms, prepayment options and the fine print.
Read more