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What is the best available mortgage rate available to canadians right now?

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What is the best available mortgage rate available to canadians right now. I am looking to get preapproved for a 5 year term with a fixed interest rate. Thanks

Marian

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2 Responses to “What is the best available mortgage rate available to canadians right now?”

  1. brettR Says:

    Mildred

    I am not sure if this will help - but I have used this mortgage calculator before and it was useful at the time. It might help you find a good rate up there…

  2. Cdn_Superdave Says:

    Barbara

    Currently 5.05% or 5.09% fixed 5 year rate.
    The last two times when I renewed with my bank (TD canada trust), I used canadamortgage.com and a couple of other local mortgage broker sites to get their best rates and then asked and got my bank to match their competative rate. If your bank won`t match, use a local mortgage broker for your mortgage.

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