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Is this a good mortgage rate?

I already have a mortgage Check your renewal offer in dollars I'm buying a home Estimate payments at today's rates
Live reports (Last ~30 days)
What Canadians say they are actually getting
4.40%
(vs. 6.19% Big 5 posted)
avg reported · 5-year fixed · New mortgage
about $2,739/mo
on a $ mortgage
17 reports · since Sep 2
avg 4.40%
Low 4.09%High 4.72%
4.64%
5-year fixed · RBC
3d ago
4.29%
5-year fixed · Mortgage Broker
4d ago
4.49%
5-year fixed · Prefer not to say
5d ago
Crowdsourced. Self-reported and unverified. Includes public reports. Not mortgage advice.
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Estimates only. The benchmark is the average of verified Big 5 posted rates shown on this page. Posted rates are banks' starting points: most borrowers are offered discounted rates below posted, so also compare your offer against discounted rates you find elsewhere. This is not mortgage advice. Confirm exact terms with your lender.

Public Mortgage rates

Posted rates from Canada's major lenders, updated Sep 26.

Live rates
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Current rate
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Monthly payment

Monthly payments assume a 25-year amortization with semi-annual compounding. Estimates only, computed from the posted rates above. Scotiabank rates effective Sep 28, 2026.

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