year fixed mortgage rates canada chart
Canada 2026

year fixed mortgage rates canada chart

8.6
★★★★☆
Expert Rating / 10

Canadian finance guide — verify current rates with lenders and FCAC (2026).

Rate Competitiveness
8.8
Flexibility
8.5
Approval Speed
8.7
Fee Transparency
8.4
Customer Service
8.6

BestGuideReviews Research Team is a credit specialist with 12+ years advising Canadian clients on loans, credit building and responsible borrowing. All guidance is for education only.

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year fixed mortgage rates canada chart

year fixed mortgage rates canada chart

Selected for this guide

year fixed mortgage rates canada chart

A comprehensive visual representation of historical fixed-rate mortgage trends in Canada over several years. This chart helps homeowners and investors track interest rate fluctuations to make informed refinancing or purchasing decisions.

Pros

  • Visualizes long-term interest rate trends
  • Assists in timing mortgage renewals
  • Simplifies complex historical financial data
  • Enables easy comparison between different time periods

Cons

  • Past performance does not guarantee future rates
  • May lack real-time updates depending on the source
  • Does not account for regional variations
  • Requires context of inflation and central bank policy
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What Actually Builds Your Credit Score

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Our Methodology

BGR evaluates Canadian mortgage products using a 6-factor model based on CMHC and FCAC guidelines, updated quarterly.

📉
Rate Competitiveness (30 pts)
Rate vs. Bank of Canada overnight rate benchmark and Big 6 averages
🔓
Flexibility (20 pts)
Prepayment privileges, portability, assumability
Approval Speed (15 pts)
Pre-approval turnaround and final approval timelines
💸
Fee Transparency (15 pts)
Origination, discharge, and penalty fees clearly disclosed
👥
Eligibility (10 pts)
GDS/TDS ratios, down payment minimums, stress test requirements
📞
Support Quality (10 pts)
Broker network, digital tools, renewal process

Data sources: FCAC, CMHC, issuer websites, Equifax Canada, TransUnion Canada. Last audit: June 2026.

BestGuideReviews Research Team
Senior Mortgage & Real Estate Editor

Marc has 12 years in Canadian mortgage underwriting, including roles at RBC and a Big-4 advisory firm. He holds an MBA (Finance) from McGill and has been quoted in the Globe and Mail and BNN Bloomberg on Canadian housing affordability.

🏠 CMHC Certified12 yrs RBCMBA FinanceBNN Bloomberg
BR
BestGuideReviews Research Team
Canadian Finance Research Desk · Best Guide Reviews

Expert analysis helping Canadians navigate personal finance, investing, and consumer decisions.