Current Rates As Of July 25 2024

Mortgage Rates in Canada: A Quick Overview

Current Rates as of July 25, 2024

As of July 25, 2024, the best mortgage rates in Canada are:

• 5-year fixed: 4.39%
• 3-year fixed: 4.59%
• 5-year variable: 5.40%

Where to Find the Lowest Rates

To get the lowest mortgage rates in Canada, it's important to compare offers from multiple lenders. Here are some reputable sources to consider:

• RATESDOTCA
• Canadas best lenders
• Canadas best brokers

Conclusion: Securing a mortgage with a competitive interest rate is crucial for saving money on your home purchase. Whether you're a first-time homebuyer or an experienced homeowner, it pays to explore all your options and compare mortgage rates from different lenders. By doing your research, you can secure the best possible deal and set yourself up for financial success in your new home.