The best rates and the best mortgage conditions

What is the best mortgage rate?

When negotiating a mortgage, the rate is important but even more important are the mortgage conditions.  A Multi-Prêts broker will ensure that you obtain the best rate and the best market conditions that suit your situation.  Our customers' satisfaction rate is excellent!

Today's Multi-Prêts mortgage rates*

As of January 19, 2021

Posted rates
1.64% 1 year Fixed closed Get this rate Posted Rates3.99%
1.54% 3 years Fixed closed Get this rate Posted Rates4.3%
1.69% 5 years Fixed closed Get this rate Posted Rates5.19%
1.6% 5 years variable Variable Get this rate Posted Rates2.6%
*Some conditions apply. Subject to change without prior notice. Rates may vary according to the amount borrowed, your credit rating, guarantees offered and other factor. Please refer to your Multi-Prêts broker for more information.

What is the best rate for you?

Analyze your options

Choose while considering your payment capacity and your risk tolerance.

Fixed Variable

Fixed Residential Rate

This rate will stay the same over the course of your term regardless of market fluctuations. Fixed Rate Mortgages can be open or closed.

Closed Fixed Rate Best if:
  • If you believe that interest rates will rise - you will be protected against an increase.
  • If you have a low threshold of tolerance for market fluctuation.
  • If you prefer to have the same payment over the course of your term.
  • If you don't intend to make any or very few prepayments of your mortgage principle.
  • If you don't plan to sell your home in the near future.
Term Posted rate Multi-Prêts
1 year 3.99% 1.64%
2 years 3.84% 1.64%
3 years 4.3% 1.54%
4 years 5.04% 1.64%
5 years 5.19% 1.69%
6 years 5.44% 2.09%
7 years 5.8% 1.94%
10 years 6.6% 2.34%
Open Fixed Rate Best if:
  • If you plan to sell your home in the near future
  • If you intend to make prepayments of more than 20% of your mortgage principle
  • If you prefer to have the same payment over the course of your term
Term Posted rate Multi-Prêts

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