Skip to main content

All fields marked with * are mandatory

Home Value ($) *
Mortgage Size ($) *
Amortization *
Province
Closing Date
Available for Refinances
Term (Years)
Rate Type
Open
Cash Back
Pre-Approvals
Provider Name
Provider Type
Historical Rates Reset Date to Today

Best Mortgage Rates

These are the best open rates in Canada. Open mortgages are always priced at a premium because the absence of a prepayment penalty makes them more costly for lenders.

Spy Tip: Open mortgages almost always have a signification rate premium over closed mortgages. For that reason, they’re usually intended as short-term solution. If you plan on having a mortgage for more than 9 months, you’re almost always better off in a closed mortgage at a much lower rate, even if you have to pay a 3-month interest penalty to get out early.