What are the best mortgage rates in Canada today?

The best mortgage rates depend on the lender, mortgage type, and borrower qualifications. Posted rates are a starting point, but many borrowers qualify for lower broker-negotiated rates.

Are posted mortgage rates the rates I will receive?

Not always. Posted rates are often higher than the final rate offered after underwriting, negotiation, or lender promotions.

How often do mortgage rates change in Canada?

Mortgage rates can change daily or even multiple times per week, especially when bond yields or Bank of Canada expectations shift.

Best Mortgage Rates Today in Ontario

Ontario has the most competitive mortgage market in Canada, with major banks, credit unions, and monoline lenders competing aggressively. While posted rates are similar across lenders, real savings often come from understanding renewal timing, lender flexibility, and penalty structures.

Compare Mortgage Rates in Ontario

Today's Best Mortgage Rates

Lender	Term	Type	Rate	Product

* Rates shown are for informational purposes. Actual rates may vary based on credit profile, down payment, and property type. Contact us for your personalized rate.

Ontario homeowners often renew without shopping around. This can result in higher rates, restrictive terms, and costly penalties. Comparing options before renewal gives borrowers leverage — even with their existing bank.

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