the spy compares 2848 rates
from 319 companies
across canada

Compare Canadian Mortgage Rates

get started now!
Home Value ($)
Mortgage Size ($)
Amortization

Rate Tips

Canada's Best Mortgage Rates Are Right Here!

We spy on Canada’s best mortgage rates 24/7, letting you compare mortgage rates from virtually every lender and top mortgage broker in the country. RateSpy.com’s proprietary technology scans thousands of mortgage websites four times a day so you know exactly where to find the best deals.

Unlike other rate comparison sites, we don’t ignore providers who don’t pay us. We list the lowest rates from all reputable sources so you don’t need to look elsewhere.

The Spy’s mission is to be:

  • 100% transparent
  • 100% unbiased
  • The leader in Canadian mortgage rate comparison.

How to Use This Site

The biggest mistake borrowers make is focusing on the lowest rate when they should be looking for the best rate. There’s a difference. The best rate is the one that entails the least cost of borrowing. It factors in the upfront interest cost, all fees and closing costs, the penalty for breaking the mortgage early, portability privileges, refinance restrictions, prepayment rights, the option to borrow more before maturity, flexibility to blend the rate, rate conversion features and so on.

Before settling on any mortgage you see here, remember that contract flexibility can save you far more than a small rate difference. Pick up the phone or email the mortgage provider and have them compare their rate against the competition. Smart spies know the devil is in the fine print.

Click here to subscribe for the latest rate news!
Rate Tweets
The Threat of 10% Higher Payments
Mortgage debt

Here’s a stat that’s got debt and housing critics talking: Almost 3 in 4 homeowners say they’d suffer “financial difficulty” if their mortgage payment rose by 10%. This warning comes from a new Manulife Bank survey released today. This number...

Yields Sink. Mortgage Rates Might ...

The “Trump Bump” it was called — that 50+ basis point run-up in rates following President Donald Trump’s surprise presidential win. Well, the Trump Bump has become the Trump Dump. Bond yields dove to a 6-month low yesterday on fresh reports of White...