Today’s mortgage rates
Cloutier Services hypothécaires rates, next to posted rates. The gap between the two is what a broker goes after.
These are the rates of Cloutier Services hypothécaires, the firm I work under, refreshed every morning. They give you a ballpark, not an offer.
The rate you actually get depends on your file: income, credit, down payment, property type, and whether the loan is insured. Two people looking at the same number this morning can receive two different offers.
For context: Bank of Canada policy interest rate — 2.25 % (September 17, 2026). Source : Bank of Canada.
Offered rates and posted rates
| Term | Offered rate | Posted rate | Estimated payment |
|---|---|---|---|
| 1 year fixed | 4.59 % | 5.49 % | $2,792 |
| 2 years fixed | 3.99 % | 4.94 % | $2,627 |
| 3 years fixed | 4.09 % | 6.00 % | $2,655 |
| 4 years fixed | 4.24 % | 6.04 % | $2,696 |
| 5 years fixed | 4.29 % | 6.14 % | $2,709 |
| 5 years variable | 3.50 % | 4.45 % | $2,496 |
Estimated monthly payment on a $500,000 loan amortized over 25 years, principal and interest only. Taxes, insurance, and condo fees are not included.
Indicative rate in Quebec. The final offer depends on the application, down payment, lender, and product conditions.
What this page does not do
- It confirms no rate. The lender decides after reviewing your complete file, your current documents, and the property.
- It reflects a single source only. I have access to more than twenty institutions, and the one posting the best rate is not always the one that suits you: penalties, prepayment privileges, and transfer conditions matter just as much.
- The lowest rate is not always the cheapest. A rigid agreement can cost you more than a tenth of a point the day you sell or refinance.
- It does not replace the lender’s written offer, which alone states the annual percentage rate (APR) and the complete conditions.
What rate can you actually get?
Tell me your situation (income, down payment, property type, deadline) and I will shop the lenders that suit your file.