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The Best 15-Year Closed Fixed Mortgage Rates in Canada

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Ready to find your best mortgage rate?

CIBC
President's Choice Financial
RBC Royal Bank
Scotiabank
Tangerine
TD Canada Trust
BMO Bank of Montreal
True North

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.

What is a mortgage broker - and why would I work with one instead of a bank?

Think of a mortgage broker as your personal mortgage shopper - they've got access to a number of rates offered by multiple lenders, and do the legwork to connect you with your best match. Brokers work with your unique financial institution, and will help negotiate the best rate on your behalf - best of all, their services are absolutely free!

Hey, Where Are All The Rates?

Even though it takes the average Canadian 25 - 30 years to pay off their mortgage, most banks and mortgage brokers cap their rates at 10 years. This is because the housing market is in constant flux, with banks and brokers constantly posting new rates to entice consumers.

There's Nothing Wrong With Wanting To Commit

If you're looking for a mortgage rate that won't change for a long time, try browsing the more popular ten year fixed rates. However you may find yourself saving more money in the long run with the much more popular five year fixed rates.

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