Today's mortgage rates.
Lender relationships let us negotiate strong rates, and we often see short-term specials that are never posted online. Get in touch to hear about them.
Today's Exclusive Mortgage Villa Rates
As of October 3, 2026
Click to secure the rate
Insured mortgage rates, subject to change. Conventional and refinance rates may be higher. Some rates may not be available in all provinces. OAC. E&OE.
Fixed residential rates
Your rate and payment stay the same for the whole term, so you know exactly what to budget for. Fixed rates aren't affected by market swings once you're locked in.
| Term | Mortgage Villa rate |
|---|---|
| 1 Year | 4.59% |
| 2 Years | 4.24% |
| 3 Years | 4.34% |
| 4 Years | 4.49% |
| 5 Years | 4.54% |
Variable residential rates
A variable rate moves with the lender's prime rate. It suits borrowers with a flexible budget, and the penalty to exit early is usually lower than on a fixed rate.
| Term | Mortgage Villa rate |
|---|---|
| 5 Year Variable Prime − 0.85% (prime is 4.45%) | 3.60% |
Rate is only part of a good mortgage.
Compare rates, but also look at prepayment privileges, portability, and the penalty if you need to break your mortgage early. The right structure can make you mortgage-free sooner than a slightly lower rate.