The lowest uninsured two-year fixed mortgage rates, popular among people who want to lock in for a few years and refinance when the Bank of Canada cuts rates, are at 5.69 per cent this week. The lowest insured two-year fixed rates available are from QuestMortgage at 4.99 per cent.
Finally, the lowest-cost widely advertised HELOC still comes from HSBC, right at prime (5.95 per cent).
As of Wednesday Nov. 16, these are the lowest nationally available mortgage rates in Canada, from providers that advertise rates online and lend in at least nine provinces.
Insured rates apply to those buying with less than a 20-per-cent down payment, or those switching a pre-existing insured mortgage to a new lender. Uninsured rates apply to refinances and purchases over $1-million and may include applicable lender rate premiums. For providers whose rates vary by province, their highest rate is shown.