Every lender's rate. One screen. No pitch.
TermRates puts live fixed and variable mortgage rates from Canada's major lenders and brokers side by side — sorted by the number, not by who paid to sit at the top. Filter to your exact scenario and see where you'd actually land.
Four decisions, priced in real numbers.
Whether you're buying, coming up for renewal, or pulling equity out — start from the rate, not from a form.
New purchase
Buying your first place or your next. Compare what every lender would offer on your down payment and price, insured or conventional.
Price a purchaseRenewal & switch
Your term is ending. See whether staying put or moving your mortgage to another lender is worth it — with the switch costs shown, not hidden.
Check my renewalRefinance & HELOC
Consolidate debt, fund a renovation, or unlock equity. Compare refinance rates and home-equity lines with the trade-offs laid out plainly.
Explore refinancingSee the payment before you talk to anyone.
Punch in a price, a down payment and a rate — get the monthly payment, the CMHC premium, and the total interest over the term. Change the amortization and watch it move, live, in your browser.
Rates move. Here's why, and what it means for you.
Written plainly and sourced back to the Bank of Canada and lender filings so you can check the work.
Fixed vs variable, decided by math
The real trade-off — rate certainty versus expected cost — laid out with the break-even that actually decides it.
What the June rate cut does to your renewal
The Bank of Canada moved. We translate the 25-basis-point cut into what a renewing borrower actually pays.
The 2026 renewal wall, in one chart
Over a million Canadian mortgages renew this year at higher rates than they were signed. Here's the payment shock, by region.
We publish the numbers. A licensed professional arranges the mortgage.
TermRates is independent mortgage and rates education — we're not a brokerage and we don't arrange mortgages. If you ask, we can connect you with an independent licensed mortgage professional, typically paid by the lender rather than by you, who'll tell you straight when your current deal is already the one to keep.
- Full-market access, not one bank's shelf
- Paid by the lender — no fee to you on prime deals
- The honest answer, even when it's “stay put”
Part of the Rate family
Same standards, same no-pitch DNA. When your question is bigger than a mortgage rate, there's a sibling site built for it.