Which bank offers the best rate for a mortgage loan in Canada?

Several types of lenders offer mortgage loans in Canada: banks, credit unions and mortgage brokers. The interest rate depends on several factors such as the term of the mortgage and the type of interest (fixed, variable, or hybrid). But also, on your credit history.

What is the best mortgage rate today?

To find out the best mortgage rate today, visit the banks' websites or contact a mortgage broker like nesto.

Will mortgage rates go down in 2024 and 2025?

With inflation decreasing, mortgage rates are expected to drop in 2024 and 2025. However, nothing is guaranteed.

What is the current rate for a mortgage loan in Canada?

The mortgage loan rate in Canada varies from person to person, depending on several factors. Notably, your credit history and the features you choose for your mortgage (term, type of interest, etc.).

Vincent Morin

Vincent achieved financial independence and retired early (FIRE) at the age of 35. After a career in financial technologies for a large American investment bank, he founded Retraite101, a personal finance site that reaches more than 350,000 unique visitors per year and has more than 30,000 subscribers on social media. Passionate about personal finance, cycling, reading and gardening, he continues to write to inspire and motivate Quebecers to take charge of their finances.

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