This week’s lowest fixed and variable mortgage rates in Canada

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A look at the lowest available mortgage rates on fixed and variable terms and HELOCs for the week of May 11

Rates are as of May 11, 2023, from providers that advertise rates online and lend in at least nine provinces.

Insured rates apply to those buying with less than a 20 per cent down payment, or those switching a pre-existing insured mortgage to a new lender. Uninsured rates apply to refinances and purchases over $1-million and may include applicable lender rate premiums. For providers whose rates vary by province, their highest rate is shown.

 

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