How far below posted rates Canadians report getting, by bank

In Q4 2026, the widest published gap is 1.05 percentage points below TD Bank's own posted 5-year variable rate, from 28 reports. No lender has 10 or more self-reported 5-year fixed rates with a posted rate in the file, so no 5-year fixed gap is published.

Q4 2026 median gap versus each lender's posted rate

Rates here are self-reported by Canadian borrowers online. They are unverified and not a mortgage offer. A cell is published only when N is at least 10 and the file has that lender's own posted rate for the same 5-year product. The gap is the posted rate minus the reported median, rounded to the nearest 0.05. A positive number means the reported median is below posted.

Lender	5-year fixed	N	5-year variable	N
TD Bank	—	—	1.05 percentage points below 4.60%	28
Royal Bank of Canada	—	—	0.90 percentage points below 4.48%	21
Bank of Montreal	—	—	0.85 percentage points below 4.45%	18

Self-reported, unverified, and not a mortgage offer.

Counted, but not published as a gap

These products have at least 10 reports and no posted rate in the file. The count is shown. The gap is not, because there is no posted shelf to subtract from.

Scotiabank, 5-year variable: N = 21

How to read the quarter

The quarter label follows the as-of date on the reported-rate file, October 18, 2026. The medians are the ones already stored for each lender and product. The published gap is rounded to the nearest 0.05. Compare the same file on real mortgage rates and in the October 2026 rate report. The extraction rules are on the methodology page.

More rate data

These pages are built from the rate file, the reported-rate file, and cited official sources. Rate data lists all of them.