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Mortgage Squad Advisors
Rates by lender

Mortgage rates in Canada.

Today’s best 5-year fixed across our network is 3.94%. Compare every lender’s broker-channel rate — often 15-30 bps below posted — and lock your lowest on one application. No bureau pull to start.

Rates reviewed by the Principal Broker, Mortgage Squad Advisors · FSRA #13737| Updated Jun 16, 2026
As of Jun 16, 2026 · live network feed. O.A.C.
Big-6 banks
RBC Royal Bank logoRBC Royal BankSee today's rateTD Canada Trust logoTD Canada TrustSee today's rateScotiabank logoScotiabankSee today's rateBMO Bank of Montreal logoBMO Bank of MontrealSee today's rateCIBC logoCIBCSee today's rateNational Bank of Canada logoNational Bank of CanadaSee today's rateCanadian Western Bank logoCanadian Western BankSee today's rateLaurentian Bank logoLaurentian BankSee today's rateTangerine logoTangerineSee today's rate
Monoline lenders
MCAP logoMCAPSee today's rateFirst National logoFirst NationalSee today's rateRFA Mortgage Corporation logoRFA Mortgage CorporationSee today's rateMerix Financial logoMerix FinancialSee today's rateCMLS Financial logoCMLS FinancialSee today's rateManulife Bank logoManulife BankSee today's rate
Credit unions
Desjardins logoDesjardinsSee today's rate
Alt-A / B-lenders
Home Trust logoHome TrustSee today's rateEquitable Bank logoEquitable BankSee today's rate

Comparing mortgage rates across lenders

No single lender wins every file. The Big-6 banks (RBC, TD, Scotiabank, BMO, CIBC, National Bank) are strong when you bundle accounts and want branch access; monolines like MCAP, First National and CMLS exist only through brokers and frequently post the sharpest insured-purchase rates; credit unions qualify at the contract rate on uninsured files and can undercut on renewals; and alt-A / B-lenders price for self-employed and bruised-credit files the banks decline. The lender that’s cheapest for a clean first-time-buyer purchase is rarely the one that’s cheapest for a self-employed refinance.

What’s common to almost all of them is the broker channel: a wholesale rate sheet, usually 15-30 bps below the posted/branch rate, that you can only access through a licensed brokerage. On a $600,000 mortgage, 20 bps is roughly $1,200 a year. We submit your file to the lenders that fit it, capture each one’s broker-channel best, and let you choose with the numbers in front of you.

Pick any lender above for its dedicated rate page, or compare by term or province. Read full reviews on our lender directory.

Rates by termRates by provinceLender directory

Mortgage rates by lender — FAQ

What are the best mortgage rates in Canada right now?
As of Jun 16, 2026, the best 5-year fixed across our 50+ lender network is approximately 3.94%. Each lender prices differently for each file, so we compare every lender on one application and bring back your lowest. Pick any lender above to see its rates and broker-channel pricing.
Why does the broker rate beat the bank's posted rate?
Most lenders run two rate sheets: the posted/branch rate quoted to walk-ins, and the wholesale broker-channel rate offered through licensed brokers — usually 15-30 bps lower because the broker does the origination work. You can only reach broker-channel pricing through a brokerage like ours.
Which lender has the lowest mortgage rate?
It changes daily and depends on your file — a monoline often wins on a clean insured purchase, a credit union may undercut on a renewal, and a Big-6 bank can be sharpest when you bundle. That's the point of comparing: we put your file in front of all of them at once rather than betting on one brand.
Do you charge a fee to compare lenders?
No — on standard residential deals the lender pays our commission, so our service is free to you. We're paid the same regardless of which lender you choose, so the advice is to find your lowest, not to steer you.

One application. Every lender’s best.

Free, no bureau pull to begin. We shop 50+ lenders for your file and hold your lowest rate while you shop for the home.