Canada's best mortgage rates
Quickly scout the best mortgage rates from Canada's leading lenders with us. Your dream property is just a few clicks away!
Unleash the ultimate service toolkit!
Pre-Approval
Get approved in minutes
Purchase
Buy your dream home
Renewal
Don't Settle for Rates
Refinance
Unlock Savings
How does Rateslookup work?
A seamless, transparent process designed to help you secure the best mortgage rate
— efficiently, confidently, and entirely online.
01
Explore Mortgage Rates
Look up and compare the best and lowest mortgage rates on our platform
02
Lock in your lowest rate
Explore our competitive mortgage rates and discover the best deal tailored just for you!
03
Customize your mortgage profile
Provide a few details to personalize your rate options
04
Get approved and close instantly
Submit your mortgage application and get approved in minutes
The latest mortgage rates from Rateslookup
Select a loan type to compare our best offers with the national average rate.
Historical timeline
Loan Purpose
Most Mortgage decisions
begin with a Misconception!
Buying a home or renewing your mortgage is often misunderstood.
Let's clarify these myths so you can make informed financial choices.
“ You need at least a 20% down payment to buy a home in Canada. “
Select to reveal the answer
“ Variable rates are always riskier than fixed. “
“ You can't get a mortgage if you're self-employed. “
“ You need at least a 20% down payment to buy a home in Canada. “
“ Refinancing always increases your debt. “
“ Pre-approval guarantees a mortgage. “
“ Variable rates are always riskier than fixed. “
“ You can't get a mortgage if you're self-employed. “
“ You need at least a 20% down payment to buy a home in Canada. “
Select to reveal the answer
“ Refinancing always increases your debt. “
“ Pre-approval guarantees a mortgage. “
“ Variable rates are always riskier than fixed. “
“ You can't get a mortgage if you're self-employed. “
“ You need at least a 20% down payment to buy a home in Canada. “
“ Refinancing always increases your debt. “
“ Pre-approval guarantees a mortgage. “
We make it easy for YOU
Whether you're self-employed or a first time buyer…It's super easy for anyone to jump in!
Pre-approval
Before you start looking for your dream home, it is very important to know the loan amount range that you will be...
Lowest fixed rate
6.89%
Floating rate
7.15%
Purchase
Are you ready to buy a house? Find out exactly how much can you afford
Download your credit report
DownloadRenewal
You deserve a better rate this time! I can beat the rate your current lender offers. You can start shopping...
Self Employed
Are you self-employed? You can get a mortgage just like any other person!
Quick snapshot
Down payment
Up to of home value
Credit rating target
First home buyer
The decision to buy your first home can be a hard one to make since that will be the most expensive purchase you will ever make
5%
Incentive of pre-owned homes
6–12%
Average monthly savings
$300–$500
Appraisal fee
80%
of appraised value
Home equity access
Refinance
You have the option of refinancing your existing mortgage. In basic terms, it means replacing...
Know Your Benefits
Fill Your Form
Payment Calculator
See what your monthly payments could look like. Adjust the rate, loan amount, and term to plan your budget with confidence.
Renewal Reminder
Never miss a renewal date again. Set a quick reminder to get notified before your current term ends — and lookup new rates easily.
CHMC Purchase
Want to see how much you can save away? Just plug in your total purchase price and down payment rate!
Early Renewal Savings
Find out how much you could save by refinancing your mortgage at today's lower rates. See your potential savings instantly.
Amortization Schedule
See how each payment is split between principal and interest over the life of the loan helping you understand long-term costs.
Affordability Check
Input your income and down payment to find out how much you can afford comfortably.
Trusted by Canadians.
Backed by real reviews.
Buying, remortgaging, moving. It's harder than ever. But we're making home happen, against the odds. It's why we've been voted the Canadas's Best Mortgage Broker
Clear Answers, no jargon at all
Get clear, transparent answers to frequently asked questions about rates, eligibility, and what to expect at each step of the process.
A mortgage rate is the interest you pay on the loan. Amortization is the total length of time over which you pay the loan back (e.g., 25 years). Your rate determines how much each payment costs; amortization determines how many payments you'll make.
Lenders compete for your business and rates can vary by 0.5–1% between providers. Shopping just a handful of lenders can save you thousands over the life of the mortgage.
Interest is the cost of borrowing, charged as a percentage of the outstanding loan balance. Each payment goes partly to interest and partly to principal.
We pull live offers from Canada's leading lenders and rank them by APR, term flexibility, and prepayment privileges.