Latest Mortgage Rates Canada
Compare current rates from Canada's top lenders including Big 6 Banks and monoline lenders. Updated twice daily.
Qualification
GDS Ratio (Gross Debt Service)
What is GDS Ratio (Gross Debt Service)?
The percentage of your gross monthly income that covers housing costs (mortgage payment, property taxes, heating, and 50% of condo fees). Maximum GDS is 39% for qualification purposes.