Current Mortgage Rates – 3 July 2026

Current Mortgage Rates:

“A” Lending Rates:

Fixed        3.99% (insured) | 4.09% (conventional) 
Variable   3.50% (insured) | 3.70% (conventional)

Rental      4.84% (fixed) | 4.39% (variable)  

                         
Prime Rate  4.45% 
Next Bank of Canada rate announcement: July 15, 2026

“B” Lending Rates:

1 year      4.69% to 4.89%

2 years    4.79% to 4.94%

3 years    4.84% to 4.99%

20% down payment required

No NOA required

Self-Employed (12 months business bank statements) 

“C