Finding the Best Mortgages in Canada!

Providing Canadians with the best mortgages and mortgage rates that Canada has to offer is what our mortgage brokers do! We make it easy to find the lowest mortgage rates in Canada, and offer many other resources including the largest Canadian mortgage glossary, the most comprehensive mortgage calculator and the ability to display current Canadian mortgage rates on your website or desktop! We hope you enjoy your visit at CanEquity.

Mortgage Services

The mortgage rates posted herein are updated daily. If you notice upon browsing that other mortgage sites differ, it is because their rates are not updated. Report lower rate

Mortgage Brokers are trained, independent professionals licensed to represent and provide you with the best consultation for your mortgage needs. Our advice is always free and we can save you money.

CanEquity Mortgage is a national Canadian mortgage brokering company offering home loans to clients in all provinces and territories. We have access to over 75 major lending institutions across Canada. This gives us the ability to shop the mortgage market and offer you the best possible rates, service and mortgage options. We also specialize in mortgage renewals, debt consolidation and no money down home loans.

Many of our mortgage services are absolutely free and may save you thousands of dollars on high interest charges and monthly payments. Finding you the right mortgage is what we do. Let us help build your dreams.

Current Canadian Mortgage Rates

(with last date of rate change)

Mortgage Term	Current * Rates (%)	Previous Rates (%)	Change (%)	Last Date of Change	Special Products	Current * Rates (%)
Variable	2.90 Special	2.80	0.10	Jan 9, 2012	Low Doc	3.79
6 month	3.95	4.45	-0.50	Nov 18, 2010	No Down	5.29
1 year	2.89	2.64	0.25	Oct 11, 2011
2	3.09	2.69	0.40	Jan 12, 2012
3	2.79	2.89	-0.10	Feb 1, 2012
4	3.19	2.99	0.20	Feb 10, 2012
5	3.25	3.29	-0.04	Feb 10, 2012
7	3.99	3.89	0.10	Dec 20, 2011
9	6.30	6.50	-0.20	May 10, 2010
10	3.89	3.99	-0.10	Jan 25, 2012
15	9.25	9.45	-0.20	Jun 11, 2009
18	9.25	9.45	-0.20	Jun 11, 2009
25	7.85	9.35	-1.50	Sep 14, 2009
Note: Some mortgage rates may not be available in certain areas. Contact us at 1-888-818-4262 for details.

CanEquity Mortgage Rates vs Conventional Rates

Mortgage Term	Our Rates * (%)	Posted Rates ** (%)	Difference (%)	Savings Over Term ¹ (Ours vs Posted Rates)	Savings Per Year ¹ (Ours vs Posted Rates)
Variable	2.90	3.00	0.10	N/A	N/A
6 month	3.95	4.45	0.50	$757.66	N/A
1 year	2.89	3.50	0.61	$1,847.13	$1,847.13
2	3.09	3.85	0.76	$4,568.10	$2,284.05
3	2.79	4.05	1.26	$11,269.86	$3,756.62
4	3.19	4.79	1.60	$18,993.77	$4,748.44
5	3.25	5.29	2.04	$30,115.91	$6,023.18
7	3.99	6.35	2.36	$48,557.64	$6,936.81
10	3.89	6.75	2.86	$82,420.85	$8,242.08
15	9.25	N/A	N/A	N/A	N/A
18	9.25	N/A	N/A	N/A	N/A
25	7.85	8.75	0.90	$53,710.95	$2,148.44
¹ Calculation based on a $411,931 home (average home price in the Greater Toronto Area for December 2009) with a 25% down payment over a 25 year amortization using a monthly payment schedule. Actual Mortgage: $308,948.25. Source: Toronto Real Estate Board ** Posted RBC mortgage rates.

We offer the lowest mortgages to all of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, North West Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, and Yukon. Find the best mortgages in Canada with CanEquity.

Canadian Mortgage National Press Releases

Canadian home sales pull back in January
OTTAWA, Ontario, February 15, 2012 — According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity retreated in January 2012 from the strong finish reported for December 2011. Highlights:
Canadian Housing Market to Remain Steady
OTTAWA, Ontario, February 13, 2012 — Housing markets are expected to remain steady in 2012 and 2013, according to Canada Mortgage and Housing Corporation’s (CMHC) first quarter 2012 Housing Market Outlook, Canada Edition 1 . “With the Canadian economy set to expand at a moderate pace and mortgage rates expected to remain low, activity levels in 2012 in both new home …
January 2012 Housing Starts
OTTAWA, Ontario, February 08, 2012 — The seasonally adjusted annual rate 1 of housing starts was 197,900 units in January, according to Canada Mortgage and Housing Corporation (CMHC). This is down from 199,900 units in December 2011. “The slight decrease posted in January was attributable to a decrease in Quebec and in Atlantic Canada”, said Mathieu Laberge, Deputy Chief …
Canadians Young and Old Want Financial Independence in Retirement: RBC Poll
TORONTO, Ontario, February 07, 2012 — Decades may separate Canada's younger generation from Boomers, but some of the attitudes of both age groups toward retirement and balancing financial priorities are strikingly similar, according to RBC's 22nd Annual RRSP Poll. The vast majority of Canadians aged 18-34 and 55-69 say if they were to outlive their savings in retirement, the idea that …

^* Mortgage interest rates are subject to change without notice at any time. Some rates may be subject to minimum credit score, loan amount and may only be available certain lending areas. A quick closing loan condition may be required. Does not apply to preapprovals. Contact CanEquity for details. Although every attempt is made to ensure the accuracy of our website, the above mortgage information should only be used as a guideline and CanEquity makes no guarantees on any rates shown. CanEquity Mortgage always recommends that you consult a mortgage broker before making a decision. For any mortgage related questions or to speak to one of our mortgage specialists, please call 1-888-818-4262. CanEquity does not guarantee to have the lowest rate in Canada. We do make every attempt though to find the best mortgage deal possible for all of our clients.

^§ Our mortgages are only available to Canadian residents or foreigners purchasing property located in Canada.

“Best mortgage site I have seen for the Canadian market. Great search engine and calculator. The site is up to date and very user friendly! Keep up the good work!”
- from Amazon.com

“This Canadian mortgage website has the best mortgage payment calculator I’ve come across.”
Chaya Cooperberg - Globe and Mail

“Thanks for all your help - I've only ever dealt with CanEquity for mortgages, but I really can't imagine doing it any other way.”
Mike O. - Calgary, Alberta

“Thanks very much for organizing our mortgage quickly and efficiently, your assistance was greatly appreciated!”
Gabor S. - Calgary, Alberta

“I have bought and sold properties and have never had the superior service I received from Tracey De Almeida.”
Guyanne S. - Ottawa, Ontario

“It’s apparent you care about your clients.”
Lynn J. - London, Ontario

“I thought I found the lowest rate for my mortgage, then your website popped up! Can I still get mortgage through you guys?”
Kelly S. - Toronto, Ontario

“I wanted to thank you for your help and very prompt response and professionalism. You're fantastic.”
Les L. – Toronto, Ontario

“Just wanted to contact you and thank you for all your help in getting us our mortgage.”
Judy K and James R. - Brampton, Ontario

“Thank you so much for obtaining our mortgage for us, your hard work made our dreams come true. Thanks for everything.”
Alexandria Y. - Pictou, Nova Scotia

“Thanks for getting us our mortgage, your service was top notch.”
Richard S. - Mississauga, Ontario

“The site hosts one of the best Canadian mortgage rate calculators I have seen! I like this site because it's fast, up-to-date and informative! Good job CanEquity!”
- from Amazon.com

“We appreciate your advice regarding our first mortgage. Being new to Canada we had some concerns, not anymore.”
Paul H. - Kitchener, Ontario

“Once again, must extend my sincerest gratitude and appreciation for all your efforts.”
Andre K. - East York, Ontario

“Greatest mortgage website in Canada.”
Torben S. - Okotoks, Alberta

“We appreciate the extra efforts you made to help us with our mortgage!”
Lisa M. - Ft McMurray, Alberta

“I really found your rate calculator useful, best one so far.”
Nelson W. - Coquitlam, BC

“We just wanted to thank you so so so much for all of your hard work in assisting us in securing our first mortgage.”
Sarah & Mike

“Your calculator is by far the nicest, thanks for making it available.”
Belle R.

“Thanks for all your work on refinancing our mortgage! Everything worked out great!”
Sonia & Kevin M. - London, Ontario

“We will be mentioning your service (company) and you specifically to family members etc., when their mortgages are up for renewal.”
Joan B - Winnipeg, Manitoba

“You have done an excellent job in working through the maze of things to make our mortgage simple and stress free.”
Kumar S. - Mississauga, Ontario

“Your company has great mortgage rates, do you lend outside of Canada?”
Devon A. - Port Huron

“I liked ease and efficiency of doing my renewal with CanEquity Mortgage, I was surprised how much less paper work there was.”
Twyla M - Regina, Saskatchewan

“Thank you to Tamar Leis of CanEquity Calgary, who made this experience much more pleasant than anticipated. The level of client service she provided overwhelmingly surpassed my expectations.”
Cindy W. - Toronto, Ontario

Mortgage Statistics

Did you know that the average home loan in North Battleford is:

$102,443^*

Discover more facts and statistics exclusively at CanEquity Mortgage.

Mortgage Broker

Expert mortgage brokers are worth their weight in gold. If you find the right one, they can save you tens of thousands of dollars in interest over the course of your mortgage. A mortgage broker will know what type of payment schedule is best and how to find you the best rates in Canada.