Historical Mortgage Rates

The 5-year fixed mortgage rate is the most popular rate in Canada. View historical mortgage rates for posted rates as far back as 2008. These rates are sourced from the Bank of Canada which sources its data from posted bank rates.

While the Bank of Canada has the most comprehensive data set, with the high prevelance of mortgage rate discounting, it is not the most accurate. The Canadian Association of Accredited Mortgage Professionals estimates that the average discount applied to a 5 year mortgage rate in 2010 was 1.42%. To source the discounted rates, we have combined our proprietary data supplemented with discount brokerage data