The best 5-year fixed mortgage rates in Canada + MORE May 28th

Mortgages in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News

Equitable Bank’s mortgage arrears rate triples amid surge in renewals + MORE Mar 13th

Equitable Bank saw its mortgage arrears rate triple over the past 12 months now that a majority of its clients have renewed at higher interest rates..... More »
 home

Scotiabank says variable-rate mortgage clients “showing signs of stress” + MORE May 30th

Scotiabank says high interest rates are increasingly weighing on consumers, resulting in a credit deterioration among its variable-rate mortgage customers..... More »

The latest in mortgage news: record population growth to keep upward pressure on home prices + MORE Jul 21st

Canada's expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report.... More »

Even with expected rate cuts, mortgage payments will continue to rise for years: BoC research Jan 9th

Despite anticipated Bank of Canada interest rate cuts later this year, mortgage borrowers will continue to face higher debt-servicing costs for several years..... More »
 property mortgage

How much income do I need to qualify for a mortgage in Canada? + MORE Apr 18th

Buying a home in Canada isn’t for the faint of heart—or light of wallet. Home prices have steadily trended higher over the past decade, coming to a national average of $698,520 in March 2024. That’s a 75% increase compared to January 2014, and it marks a whopping dollar difference of $398,119,.... More »

Mortgages

The best 5-year fixed mortgage rates in Canada
You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote.

I’m buying a home*

I’m renewing/refinancing*

You will be leaving MoneySense. Just close the tab to return.

Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

googletag.cmd.push(function() {
var refresh_key = ‘refresh’;
var refresh_value = true;

// Creating all ad sizes
var mapping = googletag…

Continue Reading On moneysense.ca »

Srivindhya Kolluru: Some experts say mortgage rates could drop next year. Is it time to go short term?Data and mortgage brokers find more people opting for shorter term locked-in rates in anticipation of a possible decline in interest rates.

Continue Reading On thestar.com »

With an expectation that interest rates will fall in the coming years, nearly one in four new homebuyers and those renewing are choosing fixed-rate mortgages with terms under three years.

Continue Reading On canadianmortgagetrends.com »

Single mom Adelaide has $22,000 in line-of-credit debt — here’s how she learned to dig her way outIf she cannot chip away at her line of credit, says financial expert Jason Heath, it is going to hold Adelaide back from financial freedom in the future.

Continue Reading On thestar.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!