Rates Chart

When you need the best mortgage rate in Canada, there’s no doubting who you should turn to. Brokers for Life has proven experience securing Alberta mortgages, BC mortgages, Ontario mortgages, Manitoba mortgages and Saskatchewan mortgages.

Since our services are covered by the lender, you pay $0 for our time.

View our current mortgage rates below and use our amortization and payment calculators to see what mortgage option might work for you.

Mortgage Term Our Best Rates Most Banks
1 Year Closed 2.69% 2.89%
1 Year Open na na
2 Year 2.39% 2.84%
3 Year 2.54% 3.39%
4 Year 2.64% 3.89%
5 Year 2.59% 4.74%
7 Year 3.39% 5.30%
10 Year 3.84% 6.10%
3 Year Variable 2.05% 4.00%
5 Year Variable 2.05% 2.85%
Last updated: May 25, 2016

We draw on our vast network of over 30 lenders and banks to get the lowest mortgage rates in Canada on traditional mortgage products and customized loans. Moreover, our mortgage team will see you through the entire process, from application to closing.

Ready to get started? Fill out our secure, online application – our mortgage team will get started on your approval right away. Or, contact a local associate directly.

Low Rates on Variable Mortgages, Second Mortgages… and Everything in Between

Whether you are a first time home buyer looking for a fixed rate mortgage, or a more established home owner looking for a variable rate mortgage… we can get you the best rate for your situation. Even if you’re looking for a second mortgage or a home equity loan… you guessed it, we’ll get you the best rate.

Brokers For Life has an experienced team of mortgage associates, and a wide network of over 30 top banks and lenders across Canada. So you can rest easy knowing that, regardless of your needs or financial standing, we can get you approved quickly and with the best mortgage rate your situation will allow.

Mortgage Rates Comparison is Only the Beginning

Two commonly used buzzwords in the mortgage industry are: “mortgage rate.” This is the interest rate that you are charged to borrow from the bank or lender.

While it’s common to compare mortgage rates online, the best mortgage rates in Canada are normally secured mortgage specialists that have deep rooted knowledge of the industry, contacts with the top banks and lenders, and strong negotiation skills.

Your mortgage may very well be the most important financial investment you make in your lifetime. You shouldn’t leave anything to chance. Consider working with an experienced mortgage broker to ensure you get the right kind of mortgage for your needs, with a great rate.

Ready to get started? Fill out our secure, online application – our mortgage team will get started on your approval right away. Or, contact a local associate directly.

Contact Us

We also work with a wide variety of bad credit lenders and private lenders that offer different programs that fit almost every situation, even if your self employed!.

When the Bank says "NO", We say "YES".

Get approved now

Approvals in 24 Hours

Apply Now 604-980-5459