Royal Bank of Canada Mortgage Rates
Compare current Royal Bank of Canada mortgage rates in Canada
Canada's largest bank, powering homeownership coast to coast.
By Andrew · Sources: the lender’s public rate pages, collected into the table on this page. Confirm the contract rate, fees, and eligibility with the lender before you apply.
Best Royal Bank of Canada Rates
Lowest rates by product type
Rate Overview
Best rate for each term and product type
| Term | Fixed Insured | Fixed Uninsured | Variable Insured | Variable Uninsured |
|---|---|---|---|---|
| 6 months | — | 5.74% | — | — |
| 1 year | — | 5.14% | — | — |
| 2 years | — | 5.14% | — | — |
| 3 years | — | 4.99% | — | — |
| 4 years | — | 5.04% | — | — |
| 5 years | 4.84% | 5.14% | 3.85% | 4.15% |
| 7 years | — | 5.25% | — | — |
| 10 years | — | 6.90% | — | — |
Posted vs what borrowers actually get
Royal Bank of Canada rates self-reported by Canadian borrowers online, last 30 days, as of October 4, 2026. The posted rate is this bank's uninsured rate in the current snapshot. Insured status on the reports is often unstated, so each row combines every status.
Where a report could be matched to Royal Bank of Canada's own posted rate, the median discount is 0.50 pts below that posted rate (N = 28).
Royal Bank of Canada · 5-year variable
N = 10
Reported 3.60% · posted 3.95% · 0.35 pts below posted
Royal Bank of Canada · 3-year fixed
N = 18
Reported 4.10% · posted 4.80% · 0.70 pts below posted
Rows with N under 10 are labeled small sample. Comparisons without a posted rate in the snapshot are left off the chart.
| Product | N | Reported median | Posted | Gap |
|---|---|---|---|---|
| 5-year variable | 10 | 3.60% | 3.95% | 0.35 pts below posted |
| 3-year fixed | 18 | 4.10% | 4.80% | 0.70 pts below posted |
Fixed Rate Mortgages
Lock in your rate for the term of your mortgage
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1 option3 years
1 option4 years
1 option5 years
2 options7 years
1 option10 years
1 optionVariable Rate Mortgages
Rates change with the prime rate
5 years
2 optionsMortgage Negotiation Guide
Negotiating your rate could save thousands, depending on your mortgage.
Learn MoreHead-to-head comparisons
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About Royal Bank of Canada
RBC Royal Bank is Canada's largest bank and a dominant force in the residential mortgage market. Known for stability, competitive fixed and variable mortgage rates, and a vast branch network, RBC serves millions of Canadian homeowners. Their mortgage offerings include fixed-rate mortgages, variable-rate mortgages, and the RBC Homeline Plan — a flexible home equity line of credit that lets you borrow up to 65% of your home's value. RBC offers online mortgage pre-approval with rate holds up to 120 days, making it easy to shop with confidence. Whether you're a first-time homebuyer navigating the stress test or a seasoned investor, RBC's mortgage advisors provide tailored guidance across Canada.
Mortgage Specialties
Unique Features
- Rate hold up to 120 days
- Online pre-approval
- RBC Homeline Plan for equity access
- Nationwide branch network
Compare Royal Bank of Canada against the market
See how Royal Bank of Canada stacks up on 5-year fixed, variable, insured, and uninsured rates.
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