Are you ready to find the best mortgage rate?

Start Here
 
Are you looking to save money on your mortgage? Heck - who isn't? Give us your info and we'll use our crazy smart mortgage search engine to compare the market and find you the best rate. Ready? Set? Go ahead and see how much you can save:
I am
Province
Property Value The value of your new dream home (an estimate is fine).
Down Payment The initial upfront portion that you need to pay for the home. Your down payment needs to be at least 5% of the property value and 20% to avoid mortgage default insurance.
Mortgage Balance How much you still owe on your mortgage.
Additional Cash OPTIONAL - Refinancing? Add how much extra you're looking to borrow against the capital you have already built up in your home. Just remember - you can't go over a total mortgage value of 90% of your property value.
Mortgage Value The amount of money you'll need to borrow (but don't worry, we've calculated this for you).
Mortgage Type Fixed vs Variable
FIXED: mortgage rate does not change during your term - in other words you are locked in. VS. VARIABLE: mortgage rate changes during the term with the lender's prime rate.
Open vs Closed
CLOSED: you cannot pay off your mortgage early during the term without being charged a penalty. VS. OPEN: you can pay off your mortgage early with no penalty during the term.
HINT: Help! I'm a Mortgage Newbie, if you're not sure what to choose you're probably looking for a closed rate.
Mortgage Term How long the mortgage agreement is set for.
HINT: Help! I'm a Mortgage Newbie, if you're unsure what to select a five year term is the most popular choice.
Amortization Term How long it will take you to pay off your mortgage. If you're buying a home, the default value is 25 years.
Payment Type Basically how often you want to make your payments each month.
WISE MOVE: Looking to save MORE on your mortgage? Choose a rapid payment schedule.
Compare Results

Loading Mortgage Rates

5 Year Fixed Closed Mortgage Rates

Last Updated: May 22, 2013 02:30:36
Rate
Details
Payment
RateAlert
Want to know when the best 5 Year Fixed Closed Mortgage Rates change? Sign up for a RateAlert:
    Sign up for the RateSupermarket.ca Newsletter.
    Click here to learn more about RateAlert
    Sponsored Rates
    DUCA Financial Services logo
    2.97%
    90 days
    Our ‘no-hassle’ switch to a DUCA mortgage includes $250 to cover your costs
    Monthly
    $1179.27
    Get This Rate
    ATB Financial logo
    3.04%
    90 days
    Monthly
    $1188.25
    Get This Rate
    Meridian Credit Union logo
    3.19%
    120 days
    Full feature mortgage.
    Monthly
    $1207.62
    Get This Rate
    Advertisement >
    Vancity logo
    2.99%
    90 days
    Earn an interest rate rebate through our Shared Success program.
    Monthly
    $1181.83
    Get This Rate
    Mortgagestogo Inc logo
    2.68%
    30 days
    Very low rates are subject to good credit *Some restrictions apply.
    Monthly
    $1142.45
    Get This Rate
    Verico Butler Mortgages logo
    2.68%
    90 days
    Full Feature Mortgage. Some Conditions Apply.
    Monthly
    $1142.45
    Get This Rate
    Sullivan Mortgage Group logo
    2.73%
    60 days
    60 day Quick close purchase and refinance only, minimum $150 000
    Monthly
    $1148.75
    Get This Rate
    Mortgage Alliance Alberta logo
    2.79%
    90 days
    No pre-approvalsHigh ratio only 90 day rate hold on purchase and refinance
    Monthly
    $1156.34
    Get This Rate
    Premier Mortgages logo
    2.79%
    120 days
    FULL SERVICE MORTGAGE-not with all the restrictions of the other offers!!!
    Monthly
    $1156.34
    Get This Rate
    Dominion Lending Centres Canada logo
    2.84%
    0 days
    Rates may vary Province to Province. Rates subject to change without notice. *O.A.C E&O.E
    Monthly
    $1162.69
    Get This Rate
    Mortgage Pal logo
    2.85%
    30 days
    Monthly
    $1163.96
    Get This Rate
    Axiom Mortgage logo
    2.89%
    120 days
    Monthly
    $1169.05
    Get This Rate
    The Mortgage Centre TMK Team logo
    2.89%
    120 days
    Monthly
    $1169.05
    Get This Rate
    Home Trust Canada logo
    2.89%
    N/A
    Monthly
    $1169.05
    Get This Rate
    Taurus Mortgage Capital logo
    2.89%
    120 days
    Monthly
    $1169.05
    Get This Rate
    TMG The Mortgage Associates logo
    2.89%
    120 days
    Monthly
    $1169.05
    Get This Rate
    First Calgary Financial logo
    2.95%
    90 days
    Monthly
    $1176.71
    Get This Rate
    League Savings & Mortgage logo
    2.99%
    N/A
    Monthly
    $1181.83
    Get This Rate
    Caisse Financial Group logo
    2.99%
    90 days
    Manitoba only. 90 day rate hold. Conditions apply.
    Monthly
    $1181.83
    Get This Rate
    True North Mortgage logo
    3.04%
    60 days
    CASH BACK with our Discount Real Estate Commission program
    Monthly
    $1188.25
    Get This Rate
    ING Direct logo
    3.08%
    120 days
    Monthly
    $1193.40
    Get This Rate
    Bank of Montreal BC logo
    3.09%
    90 days
    Monthly
    $1194.69
    Get This Rate
    Manulife Bank logo
    3.09%
    60 days
    Monthly
    $1194.69
    Get This Rate
    Bank of Montreal logo
    3.09%
    90 days
    Monthly
    $1194.69
    Get This Rate
    Coast Capital Savings logo
    3.14%
    90 days
    BC residents only.
    Monthly
    $1201.15
    Get This Rate
    RBC Mortgage Specialists logo
    3.29%
    90 days
    Monthly
    $1220.63
    Get This Rate
    PC Financial Mortgages logo
    3.39%
    N/A
    Monthly
    $1233.70
    Get This Rate
    HSBC Bank Canada logo
    3.49%
    60 days
    Monthly
    $1246.86
    Get This Rate
    Scotiabank logo
    4.99%
    120 days
    Monthly
    $1452.59
    Get This Rate
    TD Canada Trust logo
    5.14%
    120 days
    Monthly
    $1474.00
    Get This Rate
    Caisses Desjardins logo
    5.14%
    N/A
    Monthly
    $1474.00
    Get This Rate
    National Bank logo
    5.14%
    90 days
    Monthly
    $1474.00
    Get This Rate
    Royal Bank of Canada logo
    5.14%
    90 days
    Monthly
    $1474.00
    Get This Rate
    Servus Credit Union logo
    5.14%
    N/A
    Monthly
    $1474.00
    Get This Rate
    CIBC Mortgages logo
    5.14%
    90 days
    Monthly
    $1474.00
    Get This Rate
    Laurentian Bank Canada logo
    5.14%
    90 days
    Monthly
    $1474.00
    Get This Rate
    Equitable Trust logo
    5.14%
    N/A
    Monthly
    $1474.00
    Get This Rate
    Rate and product information are subject to change at any time and does not constitute financial advice. Please contact supplier for complete details.

    Learn Mortgages

    Mortgage Calculator Mortgage Rate Outlook Panel iPhone App
    First Time HomeBuyers Fixed versus Variable Mortgage Refinancing
    Affordability Calculator Mortgage Penalty Calculator

    Bank and Broker Mortgage Rates

    ING Direct Mortgage Rates TD Bank Mortgage Rates Scotiabank Mortgage Rates RBC Royal Bank Mortgage Rates PC Financial Mortgage Rates CIBC Mortgage Rates BMO Bank of Montreal Mortgage Rates
    First National Mortgage Rates FirstLine Mortgage Rates Multi-Prets Mortgage Rates True North Mortgage Rates Mortgage Emporium Mortgage Rates Dominion Lending Centres Mortgage Rates
    Advent Mortgage Rates Axiom Mortgage Rates Centum Mortgage Rates Taurus Mortgage Rates Vancity Mortgage Rates Butler Mortgage Rates

    Popular Mortgage Types

    5 Years Fixed - Closed Mortgage Rates Show More Fixed Closed Rates
    1 Year Fixed - Open Mortgage Rates Show More Fixed Open Rates
    5 Years Variable - closed Mortgage Rates Show More Variable Closed Rates
    1 Year Variable - open Mortgage Rates Show More Variable Open Rates