💡Key Takeaways
- ✓Looking for the best mortgage rates? We compare top lenders to help you save thousands
Finding the right mortgage rate can save you thousands over the life of your loan.
Current Rates
As of 2026, the average 5-year fixed rate sits around 4.5%.
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werixopeko5086
Financial Content Editor · MoneySmart
Dedicated to helping Canadians understand financial products including mortgages, credit cards, and personal loans — delivering objective, expert-reviewed content.
⚠️ This content is for informational purposes only and does not constitute financial advice. MoneySmart may receive compensation through referral links, but this does not influence our editorial standards. Please consult a financial professional before making decisions.