On average, Canadians save thousands of dollars per year by comparing rates with us.
Compare mortgage rates from 75+ of Canada's leading banks and brokers in just 3 minutes.
Compare rates from Canada's top banks and brokers
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First, choose whether you're buying a new home, refinancing or renewing, and fill in a few details. It only takes 3 minutes, and it’s 100% confidential.
Next, we’ll show you quotes from 75+ Canadian banks and brokers. It’s free, with no commitment.
When you find the best quote, secure your rate by talking to a licensed broker or agent.
Get flexibility and security with a fixed open mortgage. Fixed open mortgages let you lock in a rate for a set duration of time while also letting you pay off as much of your mortgage as you want, when you want. Fixed open mortgages are a popular option for borrowers who may need to sell their home in the future or for borrowers who expect to be able to make a lump sum payment during the term.
Short-term (6 months to a year) fixed open mortgages are also great if you want to stay flexible while you wait to see where interest rates are headed.
At LowestRates.ca, you can find the best fixed open mortgages currently available in Canada. Start comparing by selecting a product from the rate chart above.
HomebuyingIn a new suburb, builders will often have a model home on site to showcase the soon-to-be-built-homes. Fully furnished and beautifully decorated, this home is meant to entice you to buy one in the new neighbourhood.
FinanceIf you have a sneaking suspicion that everything is more expensive these days, you’re right. Canada’s inflation rate hit an 18-year high in October of last year, sending consumer prices soaring. So much so that the cost of living has increased by nearly 5%, according to Statistics Canada.