Ontario Mortgage Lic. 10896 - Friday, March 19, 2010  
Mortgages Canada
Canadian Mortgage Rates,
Calculators, News & Information
CanEquity Mortgage Home Page
Mortgage Services and Products
CanEquity Mortgage - Best Insurance Coverage in Canada Company Profile and Testimonials
Mortgage News and Related Articles
Secure Online Mortgage Pre-Approval Application
Contact a Mortgage Broker
 
A Canadian Mortgage Company

Prime Rate:
2.25 %


Site Updated:
March 19th, 2010
3:10 p.m.


There are 53 users currently viewing this website.

Related Links:
Canada Mortgage and Housing Corporation
For Alberta Mortgages
For Ontario Mortgages
Google Open Directory
Alexa® - Most Popular
Bank of Canada
Equifax Credit Report
Canadian Mortgage Rates
Display Canada's lowest mortgage rates right on your web site for free.

Canada's Tax Free Savings Account

Equifax Credit Report

Platform for Privacy Preferences Project

Share with FacebookFrançais
Helping to Build Your Dreams

Finding the Best Mortgages in Canada!

Providing Canadians with the best mortgages Canada has to offer is what our mortgage brokers do! Here you will find the lowest mortgage rates in Canada, plus many other resources including the largest Canadian mortgage glossary, the most comprehensive mortgage calculator and the ability to display current Canadian mortgage rates on your website or desktop! We hope you enjoy your visit at CanEquity.

Mortgage Services

The interest rates posted herein are updated daily. If you notice upon browsing that other mortgage sites differ, it is because their rates are not updated. Report lower rate

Mortgage Brokers are trained, independent professionals licensed to represent and provide you with the best consultation for your mortgage needs. Our advice is always free and we can save you money.

Canadian Mortgage Rate HistoryCanEquity Mortgage is a national Canadian mortgage brokering company offering home loans to clients in all provinces and territories. We have access to over 75 major lending institutions across Canada. This gives us the ability to shop the mortgage market and offer you the best possible rates, service and mortgage options. We also specialize in mortgage renewals, debt consolidation and no money down home loans.

Many of our mortgage services are absolutely free and may save you thousands of dollars on high interest charges and monthly payments. Finding you the right mortgage is what we do. Let us help build your dreams.

Current Canadian Mortgage Rates
(with last date of rate change)
Mortgage
Term
Current *
Rates (%)
Previous
Rates (%)

Change (%)      
Last Date
of Change

  Special
Products
Current *
Rates (%)
Variable 1.75 Special 1.85 -0.10 Mortgage Rate has gone Down Mar 16, 2010   Low Doc 4.09
6 month 3.75 3.95 -0.20 Mortgage Rate has gone Down Oct 16, 2009   No Down 5.25
1 year 2.35 2.44 -0.09 Mortgage Rate has gone Down Mar 1, 2010  
2 2.95 3.20 -0.25 Mortgage Rate has gone Down Nov 30, 2009   95% ReFi
3 3.25 3.40 -0.15 Mortgage Rate has gone Down Mar 1, 2010  
4 3.64 3.69 -0.05 Mortgage Rate has gone Down Feb 22, 2010
5 3.69 3.79 -0.10 Mortgage Rate has gone Down Feb 5, 2010
7 4.95 5.25 -0.30 Mortgage Rate has gone Down Feb 12, 2010
9 6.50 6.60 -0.10 Mortgage Rate has gone Down Feb 23, 2009
10 5.20 5.35 -0.15 Mortgage Rate has gone Down Feb 12, 2010
15 9.25 9.45 -0.20 Mortgage Rate has gone Down Jun 11, 2009
18 9.25 9.45 -0.20 Mortgage Rate has gone Down Jun 11, 2009
25 7.85 9.35 -1.50 Mortgage Rate has gone Down Sep 14, 2009
Note: Some mortgage rates may not be available in certain areas. Contact us at 1-888-818-4262 for details.
CanEquity Mortgage Rates vs Conventional Rates
Mortgage
Term
Our Rates *
(%)
Posted Rates **
(%)
Difference
(%)
Savings Over Term 1
(Ours vs Posted Rates)
Savings Per Year 1
(Ours vs Posted Rates)
Variable 1.75 2.95 1.20 N/A N/A
6 month 3.75 4.65 0.90 $1,363.78 N/A
1 year 2.35 3.40 1.05 $3,180.71 $3,180.71
2 2.95 3.75 0.80 $4,807.64 $2,403.82
3 3.25 4.25 1.00 $8,957.09 $2,985.70
4 3.64 5.14 1.50 $17,849.44 $4,462.36
5 3.69 5.49 1.80 $26,643.43 $5,328.69
7 4.95 6.65 1.70 $35,211.84 $5,030.26
10 5.20 6.80 1.60 $46,655.80 $4,665.58
15 9.25 N/A N/A N/A N/A
18 9.25 N/A N/A N/A N/A
25   7.85 8.05 0.20 $11,812.18 $472.49
1 Calculation based on a $411,931 home (average home price in the Greater Toronto Area for December 2009) with a 25% down payment over a 25 year amortization using a monthly payment schedule. Actual Mortgage: $308,948.25. Source: Toronto Real Estate Board ** Posted RBC mortgage rates.


Canadian mortgage lenders

We offer the lowest mortgages to all of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, North West Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, and Yukon. Find the best mortgages in Canada with CanEquity.

Canadian Mortgage National Press ReleasesSubscribe to Web Feed
  • Canada's housing affordability slips slightly: RBC Economics
    TORONTO, Ontario, March 15, 2010 — Homeownership costs in Canada increased slightly across all housing segments in the closing months of 2009, as rising prices made it more expensive to own a home, according to the latest housing report released today by RBC Economics Research. "While home affordability deteriorated at the national level in the fourth quarter of 2009, the change was …
  • Demand and supply coming into balance in resale market
    OTTAWA, Ontario, March 15, 2010 — With rising activity in Toronto offset by lower activity in Vancouver, the number of homes sold through the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards edged lower in February. In recent months, national sales activity has slowed while new listings continue to rise, resulting in a more balanced national resale housing …
  • Minister of Finance to Promote Canada's Competitive Edge to Investors in US, ...
    OTTAWA, Ontario, March 13, 2010 — The Honourable Jim Flaherty, Minister of Finance, will highlight how Canada is leading the way in the global economy during visits to New York, London and Dublin next week. In a series of speeches and face-to-face meetings with business and political leaders, Minister Flaherty will spotlight Canada’s growing competitive advantages: the …
  • Canada's economy shifts into recovery mode: RBC Economics
    Increased domestic spending and improved credit markets expected to fuel economic growth in 2010 and 2011 TORONTO, Ontario, March 11, 2010 — With a peak in stimulus investment, improved credit markets and a recovery in consumer spending, Canada’s economy is poised for real GDP growth of 3.1 per cent, according to a new report by RBC Economics. “An economic recovery is …

Here are what people have to say about our mortgage brokers!

"I have bought and sold properties and have never had the superior service I received from your staff." Guyanne S. - Ottawa, ON

"We appreciate the extra efforts you put in to help us!" Lisa M. - Ft McMurray, AB

"It's apparent you care about your clients." Lynn J. - London, ON

"You have done an excellent job in working through the maze of things to make it simple and stress free." Kumar S. - Mississauga, ON

"Thanks very much for organizing our mortgage quickly and efficiently, your assistance was greatly appreciated!" Gabor S. - Calgary, AB

* Mortgage interest rates are subject to change without notice at any time. O.A.C.
§ Our mortgages are only available to Canadian residents or foreigners purchasing property located in Canada.

Although every attempt is made to ensure the accuracy of our website, the above mortgage information should only be used as a guideline. CanEquity Mortgage always recommends that you consult a mortgage broker before making a decision. If you have questions or comments about our website, security practices or policies, please call our technical support line at 1-866-530-5541. For any mortgage related questions or to speak to one of our mortgage specialists, please call 1-888-818-4262.

 

 
Apply online using our Secure Mortgage Application
 
Canadian Mortgage Rates
 
For up-to-the-minute rates, quick closing specials, and local discounts from regional lenders, contact CanEquity Mortgage and we will connect you with a CanEquity Mortgage Consultant in your area.
Regina Mortgage Consultant
CanEquity
 
We will provide you with advice and information on related services for your house purchase, such as legal services, recommended realtors, home inspectors and appraisers. There is no cost or obligation and our services will save you time and money.
For Canadian Mortgages Call 1-888-818-4262
CanEquity
 
Home Renovation Guide