11 million Canadians have compared and saved

The Best 8-Year Fixed Closed Mortgage Rates in Canada

Are you looking to commit to a rate for the long term? You are on the right track.

  1. Advanced Search

Compare Rates from 30+ Canadian Mortgage Brokers & Lenders

Simplii Financial
RBC Royal Bank
TD Canada Trust
BMO Bank of Montreal
True North

Ready to find your best mortgage rate in Canada?

To get started, tell us a bit about your location and borrowing needs - and we'll do the rest! Your personalized results will include the best rates from lenders and mortgage brokers, right in your region. Simply pick a product you like, and we'll put you in touch for more info by email, website or phone - no obligation or purchase required.

Comfort and Security with a Fixed Closed Mortgage

When you have a fixed closed mortgage your mortgage rate and conditions will not change for the duration of your mortgage term. It protects the borrower from market fluctuations and offers a reliable system of paying off your balance.

Finding Your Options a Bit Limited?

Eight years is an unusual length for a mortgage term. If you looking to compare the rates of banks, brokers and specialty lenders, the more competitive five year rates can be found on shorter terms like the popular five year fixed. If you're looking for one rate that will stay the same for a long time, most banks and some brokers offer a ten year fixed rate.

Read More On MoneyWise

Your Top Mortgage Questions Answered

Whether you’re a First Time Home Buyer or buying your second, third or fourth home, it pays to compare mortgage rates with Ratesupermarket.ca.

Get All the News from Our MoneyWise Blog

MoneyWise is the official news magazine of RateSupermarket.ca. Looking to learn about Canadian finances? You've come to the right place.