1-Year Fixed Mortgage Rates

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Mortgage Term:

Number of Years

Fixed or Variable

Mortgage Reason:
Home Price:
Down Payment:
%
Mortgage Amount:
Click to Open Additional Options
LenderRateMonthly Payment
nuborrow
nuborrow
1.55%
$1,911
MCAP
MCAP
1.84%
$1,977
First National
First National
1.84%
$1,977
Peoples Bank
Peoples Bank
1.84%
$1,977
Alterna Savings
Alterna Savings
1.89%
$1,988
motusbank
motusbank
1.99%
$2,011
Canadian Western
Canadian Western
2.09%
$2,034
CMLS
CMLS
2.09%
$2,034
First Ontario
First Ontario
2.44%
$2,117
ATB
ATB
2.49%
$2,129
HSBC
HSBC
2.49%
$2,129
TD
TD
2.54%
$2,141
RBC
RBC
2.64%
$2,165
Laurentian
Laurentian
2.69%
$2,177
National Bank
National Bank
2.69%
$2,177
National Bank
National Bank
2.69%
$2,177
Canada Life
Canada Life
2.69%
$2,177
DUCA
DUCA
2.69%
$2,177
Equitable
Equitable
2.74%
$2,189
Scotiabank
Scotiabank
2.79%
$2,201
CIBC
CIBC
2.79%
$2,201
Desjardins
Desjardins
2.79%
$2,201
Tangerine
Tangerine
2.79%
$2,201
BMO
BMO
2.79%
$2,201
Manulife
Manulife
2.99%
$2,250
Investors Group
Investors Group
3.10%
$2,277
ICICI
ICICI
3.19%
$2,300

Notes

  • Rates above apply to high-ratio insured mortgages only. You can select other mortgage rates by changing your mortgage reason or down payment.
  • Terms and conditions may apply. Promotional rates may apply only to customers with an established credit and employment history. For alternative mortgages, see Private Mortgages in Canada.

Mortgages Rates Between Different Provinces

Mortgage rates in Canada can differ from province to province depending on the availability of lenders, local housing market and mortgage conditions, and provincial regulations. While the Big 5 Banks offer mortgages in every province, many smaller lenders including credit unions, B lenders, and private mortgage lenders often operate in a single province only. A lender offering the best rate in Ontario may not be available in Saskatchewan, for example. Similarly, a smaller number of lenders in a province could mean less competition, leading to higher rates in general.

ProvinceBest 1-Year Fixed Rate
The calculators and content on this page are provided for general information purposes only. WOWA does not guarantee the accuracy of information shown and is not responsible for any consequences of the use of the calculator.