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Current Rates — Insured Mortgages

Updated 2026-04-06
3-Year Fixed 4.34%
5-Year Fixed 4.39%
5-Year Variable ? 3.7%
The variable rate is calculated as the lender's prime rate (currently 4.45%) plus or minus a lender adjustment. Your variable rate can change with each Bank of Canada announcement.

Does this rate apply to your situation? Book 15 minutes to find out.

Rates subject to change at any time without notice. These rates are for insured mortgages (down payment under 20%). Confirm your rate.

This tool provides estimates for informational purposes only. Actual rates and results depend on your specific situation. Rates last updated 2026-04-06. Rates are subject to change at any time.

Understanding Your Credit Before You Apply

Your credit report tells lenders a story about how you manage money. Understanding what’s in that story - and what you can improve - puts you in control.

What Lenders Care About Most

Payment history (35% of your score) is the single biggest factor. After that, utilization - how much of your available credit you’re using - accounts for 30%. These two factors alone make up nearly two-thirds of your score.

Quick Wins

The fastest way to improve your score is to pay down credit card balances below 30% of their limits. This can boost your score within one or two billing cycles. Avoid opening new accounts before applying, and never close old accounts - the length of credit history helps your score.

When to Apply

If your quiz shows “Needs Work,” waiting 3-6 months while making improvements could save you tens of thousands over the life of your mortgage. I can help you build a timeline during our call.