rates · Frozen publication data
Today's best mortgage rates: variable is a full point under fixed
Lowest advertised Ontario mortgage rates by term, insured vs conventional, October 27, 2026
Unit: percent
1-year fixed: 4.39%
The lowest 5-year variable insured rate was 3.25%, against 4.34% for a 5-year fixed and 4.29% for a 3-year fixed. Prime was 4.45%.
Source: WOWA.ca, Best Mortgage Rates in Canada, updated October 27, 2026, 6:36 p.m. ET (Ontario). Reference: 2026-10-27. Released 2026-10-27. Retrieved 2026-10-27.
Advertised rates, prime borrowers · Best advertised rates for prime borrowers in Ontario on one day. Your rate depends on credit, down payment, property and lender. Big-bank 3-year fixed rates on the same page ran about 0.6 to 1.0 points higher.
View accessible data table · 2 series, 6 observations
| Market | Lowest insured rate | Lowest conventional rate |
|---|---|---|
| 1-year fixed | 4.39% | 4.39% |
| 2-year fixed | 4.34% | 4.49% |
| 3-year fixed | 4.29% | 4.14% |
| 4-year fixed | 4.34% | 4.39% |
| 5-year fixed | 4.34% | 4.39% |
| 5-year variable | 3.25% | 3.4% |
Homies Research · CMHC Fall 2026 mortgage report, explained ↗