Best Mortgage Rates in Canada
(Most Banks’ Prime Rate: 6.95%)
Shop 65+ lenders in one place. Save time and money today!
*Rates shown are for informational purposes only and are subject to change without notice. Please contact Genesis Group for the most up-to-date rates and terms.
Genesis Group is not liable for any discrepancies or inaccuracies in the displayed rates.
Rates last updated:
Compare the Best Mortgage Rates in Canada.
| Mortgage Term | Rates From | Payments | |
|---|---|---|---|
| 6 Month Fixed | 2.99% | $2,368/mo | |
|
Rate Range: 2.99% - 5.50% |
|||
| 1 Year Fixed | 5.79% | $3,157/mo | |
|
Rate Range: 5.79% |
|||
| 2 Year Fixed | 4.84% | $2,876/mo | |
|
Rate Range: 4.84% |
|||
| 3 Year Fixed | 4.39% | $2,748/mo | |
|
Rate Range: 4.39% |
|||
| 4 Year Fixed | 4.59% | $2,804/mo | |
|
Rate Range: 4.59% |
|||
| 5 Year Fixed MOST POPULAR | 4.19% | $2,682/mo | |
|
Rate Range: 4.19% |
|||
| 5 Year Open | 4.95% | $2,908/mo | |
|
Rate Range: 4.95% |
|||
| 5 Year Variable | 4.45% | $2,736/mo | |
|
Rate Range: 4.45% |
|||
*Disclaimer: If you don’t meet the requirements for our lowest advertised rates, don’t worry—Genesis Group has a wide range of competitive mortgage options to suit your needs! The rates displayed above represent realistic options if the outlined criteria aren’t fully met. Factors such as your credit score, down payment amount, and property details may impact your final rate. We’re dedicated to finding the best-possible solution for your unique situation.
Additional fees or premiums may apply for rental properties, extended amortizations, non-standard properties, or alternative lending options.
Unlock Your Lowest Rate Today – Guaranteed
Experience unmatched savings with Genesis Group. Let us secure your best rate and help you save thousands.
Find the Best Mortgage Rates in Canada with Genesis Group
In Canada, securing the best mortgage rates can mean significant savings for you. At Genesis Group, a multiple award-winning mortgage brokerage with over 12 years of industry experience, we specialize in helping clients save big. On average, our clients save over $3,000—and sometimes up to $15,000 or more, depending on your unique situation.
Our dedicated and highly trained Genesis Group brokers leverage our industry-leading volume to negotiate exclusive rate discounts, even with your current bank. For years, our rates have consistently been 0.20% lower on average than the big banks and many competitors.
Why Choose Genesis Group?
Whether you’re a first-time homebuyer, planning a vacation or investment property, or looking to refinance or renew, our award-winning team of brokers has the experience, knowledge, and access to over 65 lenders to tailor a mortgage solution that fits your goals.
Complex Mortgage Needs? We’ve Got You Covered
If your mortgage needs don’t fit the big-bank mold, we offer flexible, short-term mortgage solutions designed to save you time, stress, and money. Whether you need to consolidate debt, access equity, or navigate a unique financial situation, Genesis Group is here to help.
What Impacts Your Mortgage Rate?
Your mortgage rate depends on several factors, including:
- Your down payment percentage compared to the overall mortgage size.
- Your credit score and financial history.
- Your purchase timeline and loan type.
We’re here to simplify the process. Our expert agents will explain the details, answer your questions, and help you make informed decisions to save thousands over the life of your mortgage.
Talk to Us Today
At Genesis Group, your success is our priority. Contact us today to discover how we can help you save. Whether you prefer to visit our office, give us a call, or apply online, our team is ready to guide you toward the best mortgage rates in Ontario.
Your Path to Financial Freedom Starts Here.
Securing Your Best Rates Our Mission
Lock in Your Rate Today with Genesis Group
Mortgage rates in Canada can fluctuate quickly — secure yours for up to 120 days (depending on the lender). Whether you’re purchasing a new home, renewing, or refinancing, we’ll ensure you lock in a competitive rate while providing expert advice tailored to your next mortgage move. Don’t wait — your path to savings starts here!
Your Key to the Best Mortgage Rates? Genesis Group’s Expert Brokers.
At Genesis Group, our award-winning brokers are highly trained professionals with access to a wide range of mortgage products tailored to fit your unique needs. We understand how crucial it is to secure the right mortgage—on time, stress-free, and at the most competitive rate.
Got a complex situation? No problem. Our team simplifies even the most intricate details, guiding you every step of the way with personalized service that puts you first.
Experience unparalleled 5-star service today. Whether it’s your first mortgage or a refinance, we’re here to build a savings relationship you can count on for years to come.
Start your journey today—apply online, give us a call, or meet us in person. Need a agent who speaks your language or prefers a Mobile Agent to meet you where you are? Explore our directory to find your perfect match.
Canada’s Housing Market: A Resilient Industry Fueled by the Dream of Homeownership
In 2023, Canada’s national housing market faced the challenges of higher interest rates and inflation, driving the average home price to $648,088—a 14% decline compared to the previous year.
Despite the Bank of Canada maintaining its rate pause, sellers remain hesitant to list their homes, resulting in lower inventory levels in many regions. This reluctance, coupled with increased competition from spring buyers and record-breaking immigration, is driving price increases in several major markets.
Higher interest rates have made selling less appealing for many homeowners, especially those holding onto pre-2022 mortgages with lower rates. For some, the portability feature on their mortgage has eased concerns about upgrading or downsizing, but for others, the thought of taking on a new mortgage at today’s rates remains a significant deterrent.
The Canadian dream of homeownership continues to fuel the housing market’s resilience, as buyers navigate the challenges to secure a place to call home.
Explore More: Insights for Canadian Homebuyers
Why Medical Professionals Need a Mortgage Broker Who Understands Their Needs
Reading Time: 10 minutesUnique Financial Landscapes of Medical Professionals When embarking on the
The True Cost of Buying Your First Home: Mortgages and Beyond
Reading Time: 11 minutesSetting Realistic Expectations: Overview Buying your first home is an
Navigating Self-Employed Mortgage Applications With Irregular Income
Reading Time: 11 minutesThe Self-Employed Challenge: For self-employed individuals, the path to homeownership
High Net Worth Individuals: Leveraging Real Estate for Wealth Preservation
Reading Time: 11 minutesThe Role of Real Estate in Wealth Management: Overview: For
Real Estate Investment Trusts (REITs) and Mortgage Considerations
Reading Time: 11 minutesThe Intersection of REITs and Mortgage Planning: Real Estate Investment
How to Leverage 1031 Exchanges in Your Mortgage Planning
Reading Time: 13 minutesUnderstanding 1031 Exchanges: Overview of 1031 Exchanges The concept of
