Looking for the best mortgage rate? If so, this page is for you! We compare mortgage rates across banks, large lenders and mortgage brokerages. Your search includes fixed or variable mortgage rates and is tailored to the term, amount, amortization and other variables that you need. Not all mortgages are the same. The two main mortgage types are:

  • Fixed Rate: has the same interest rate through the whole mortgage term, allowing you to minimize your risk as you know exactly what you’ll be paying.
  • Variable Rate: has a floating interest rate based on the prime rate. Fluctuations mean your rate may be higher or lower than your starting rate. The variable approach can save you money if rates go down, but will be more expensive if rates go up.

Fixed and variable rates are just two of your many options. Other products include cash back mortgages or HELOC (a Home Equity Line of Credit). The type of mortgage you need depends on your current financial situation and future goals.