Latest Mortgage Rates Canada
Compare current rates from Canada's top lenders including Big 6 Banks and monoline lenders. Updated twice daily.
Insurance
CMHC Insurance
What is CMHC Insurance?
Canada Mortgage and Housing Corporation insurance (or similar from Sagen or Canada Guaranty) required when your down payment is less than 20%. Premiums range from 0.6% to 4% of the mortgage amount and protect the lender if you default.