Our Mortgage Rates
Fixed rate, variable rate… it’s not always easy to choose! Your Multi-Prêts mortgage broker will guide you to make the decision that best suits your needs and risk tolerance.
When negotiating a mortgage, the rate is important, but so are the mortgage conditions. A Multi-Prêts broker will make sure you get the best rate, as well as the best market conditions, to suit your situation.
Our customer’s satisfaction rate is excellent!
Choose your mortgage rateDisplay the best rates for:
Fixed rate
1 Year
5.84%
3 Year
4.19%
5 Year
4.24%
7 Year
4.59%
Variable rate
Variable
4.5%
* Some conditions apply. Subject to change without prior notice. Rates may vary according to the amount borrowed, your credit rating, guarantees offered and other factor. Please refer to your Multi-Prêts broker for more information
Display the Fixed rates for:
Term
1yr (closed)
2yr (closed)
3yr (closed)
4yr (closed)
5yr (closed)
7yr (closed)
10yr (closed)
Posted Rate
7.29%
6.89%
6.54%
6.34%
6.49%
6.7%
7.19%
Multi-Prêts
5.84%
5.44%
4.19%
4.44%
4.24%
4.59%
5.09%
* Some conditions apply. Subject to change without prior notice. Rates may vary according to the amount borrowed, your credit rating, guarantees offered and other factor. Please refer to your Multi-Prêts broker for more information
Fixed Residential Rate
You may want a closed fixed rate if…
- If you believe that interest rates will rise - you will be protected against an increase
- If you have a low threshold of tolerance for market fluctuation
- If you prefer to have the same payment over the course of your term
- If you don't intend to make any or very few prepayments of your mortgage principle
- If you don't plan to sell your home in the near future
You may want an open fixed rate if…
- If you plan to sell your home in the near future
- If you intend to make prepayment of more than 20% of your mortgage principal
- If you prefer to have the same payment over the course of your term
Variable Residential Rate
You may want a closed variable rate if…
- If you believe that interest rates will drop, and you can enjoy that benefit
- If you have a high threshold of tolerance for market fluctuation
- If you have the ability to absorb an increase in your payments in the event of a rate hike
Display the Variable rate for:
Term
5yr
Posted Rate
5.45%
Multi-Prêts
4.5%
* Some conditions apply. Subject to change without prior notice. Rates may vary according to the amount borrowed, your credit rating, guarantees offered and other factor. Please refer to your Multi-Prêts broker for more information
What is the best mortgage rate?
The one that's right for you! Your Multi-Prêts mortgage broker will find you a mortgage rate and conditions tailored to your needs and reality. Because they work with one interest in mind. Your best interest.
By emphasizing transparency and providing insightful advice, we ensure that you are well informed and comfortable with your mortgage decisions, every step of the way.