Current Interest Rates on Home Loans, Savings, Car loans – CD Rates, what are mortgage


Today’s Interest Rates and Financial Advice:

What are mortgage rates

Financial Advice

Would you like to buy a home but worry that you’d never qualify for a mortgage? It’s time to stop guessing and evaluate your chances to land a loan based on everything from how much you make to your credit score. Believe it or not, the odds are in your favor.

November 14th 2017

The average cost of financing a new or used car or truck has stayed low over the past year, making auto loans a bargain by any historical measure. And buyers with reasonably good credit can always take advantage of the discount loans automakers are offering on many models.

November 13th 2017

Lending money to your child is risky business. But if you can avoid the personal pitfalls and convince the federal government that this is really a loan, and not a gift, the Bank of Mom and Dad can be a financial boon for everyone in the family.

November 13th 2017

Here’s how to make all of the right decisions so that you’ll save more, invest wisely and take full advantage of all the tax breaks to build your retirement nest egg.

November 10th 2017

It’s not enough to find a good location at an affordable price. Condo buyers must consider lots of extra costs, from association fees and special assessments to how well the building is maintained and how strictly it enforces rules on everything from noise to pets.

November 10th 2017

You’ve scouted out the best mortgage rate and fought hard to get the best price on your new home. But your bargaining shouldn’t stop there. Here’s how you can save on everything from settlement fees to title insurance.

November 8th 2017

What are mortgage rates

Interest ing Snapshot

Individual retirement accounts, or IRAs, are a great way to build financial security for you and your family. They’re easy to open and our simple strategy helps you make all the right decisions now, and in the years ahead.

What are mortgage rates

What are mortgage rates


Current Mortgage Rates Today – View The Best Mortgage Rates, what are the mortgage rates


Current Mortgage Rates Today

Current Mortgage Rates – Mortgage Rates Today

What are the mortgage rates today

Mortgage 101: A Mortgage Resource Guide

This guide will help first-time home buyers and seasoned veterans get the information they need to make the correct financial decision regarding their mortgage. Our goal is to provide information and resources for everything you need to know about the mortgage process. Whether you are shopping for your first home or you are already established in a existing home, this page can be your guide. Take the necessary steps to make purchasing your first home or maintaining your existing home a seamless [Read More. ]

Latest Mortgage Information

What are the mortgage rates today

Top 10 Loan Modification Lenders

Many Americans have been affected by the recent economic crisis. Millions of homes have gone into foreclosure, and millions of families have lost their homes. If you are at risk for losing your home, the good [Read More. ]

Mortgage Tips Tricks

What are the mortgage rates today

The Top 10 Tips to Help Homebuyers Thrive in Today s Current Home Market

What are the mortgage rates today

Invest Smarter by Understanding the Top 6 Most Common Mortgage Myths

What are the mortgage rates today

Top 5 Mortgage Scams to Watch Out For This Year

What are the mortgage rates today

5 Important Reasons Why You Should Pay Off Your Mortgage Sooner Than Later

Tip of the Day

The Mortgage Library

What are the mortgage rates today

How to Tell if Current Mortgage Interest Rates Will Continue to Rise

Up until not long ago mortgage rates used to be very low, close to the lowest they have ever been. Rates have decreased to near record lows due to the recent housing market crash, which affected both homeowners and mortgage lenders. While millions of people have lost their [Read More. ]

What are the mortgage rates today

Could a 10 Year Mortgage Rate Be Your Best Mortgage Option?

One of the key aspects of finding a good mortgage loan is determining what type of mortgage term works out best for you. Long-term mortgage loans seem more attractive at first glance because the monthly payment is much smaller, but if you factor in the larger interest rate, [Read More. ]

What are the mortgage rates today

How the Current Government Shutdown is Affecting FHA Mortgages

The housing market has been recovering steadily lately, but the current government shutdown may interfere with that progress. For the first time in 17 years, the government has partially shut down. Besides other important implications, this shutdown could affect people who [Read More. ]

What are the mortgage rates today

Bad Credit Home Loans Are They Possible With Today s Stiffer Regulations?

There are many reasons for having a bad credit score, and you might be wondering if you are still able to buy a home, despite your shortcomings. The truth is that there are no rules set in stone when it comes to bad credit home loans. Some lenders may be more lenient than [Read More. ]

What are the mortgage rates today

What is this Difference Between a Home Equity Line of Credit vs Home Equity Loan

When buying a home with a mortgage loan, both you and your lender own parts of the home. The part of the home that you own is represented by the equity which builds up each time you make a payment. Having equity in your home allows you to take out a house equity loan by [Read More. ]

What are the mortgage rates today

What Are the Typical Home Equity Loan Requirements

Home equity loans are designed to help homeowners gain quick access to some much needed cash by tapping into the equity in their homes. Home equity loans provide an alternative to taking out other types of loans or opening new credit card accounts. While other forms of [Read More. ]

What are the mortgage rates today

Pros and Cons of Home Equity Loans

Home equity loans allow homeowners to take out a loan using the equity accumulated in their home as collateral. Home equity loans give you quick access to money that can be used for a home remodeling project, medical bills or college tuition. A home equity loan can be more [Read More. ]

What are the mortgage rates today

Is it Possible to get a Home Equity Loan With Bad Credit?

Getting a home equity loan with poor credit is more difficult, but not impossible. Before you decide to make improvements to your home or decide that you need some quick cash, you need to find out if a lender is willing to give you a home improvement loan and how your loan [Read More. ]


30 Year Mortgage Rates Today, what are the mortgage rates today.#What #are #the #mortgage #rates


30 Year Mortgage Rates Today

What are the mortgage rates today30 Year Mortgage Rates Today

Are you thinking of signing a 30 year mortgage? Keeping the same rates and monthly payments for 360 months can definitely sweeten the pot. However, it is good to keep an eye on the current 30 year mortgage rates. This way, you can determine if signing a 30 year mortgage is the best option for you.

Current 30 Year Mortgage Rates

  • The current 30-year mortgage rates for the nation are close to four percent. (Same as VA loans, how often will this be updated/monitored?)
  • Years ago, the cost to pay off your 30-year mortgage would have been $375,000.
  • Today, the estimated cost of paying off your 30-year mortgage is close to $173,000.

What Does This Mean For You?

The 30 year mortgage rates today mean good news for all homeowners. The low rates allow most homeowners to make their monthly mortgage payments. This is a great time to refinance your home. If you are looking to purchase a home, you may decide to sign a 30-year mortgage. Are you already a homeowner? Why not take advantage of the low rates and do a little comparison shopping? You can compare your current mortgage with the rates of today.

Use The Low Rates of Today To Your Advantage

This is a great time to apply for an FHA home loan, refinance your home or even purchase a new one. Are you thinking of applying for an FHA home loan? We offer low down payments, help you close your loan, and pay off your mortgage faster.

You do not want to wait until the rates spike up to take out a loan, sign a mortgage or refinance your home.

Do the current 30 year mortgage rates work for you? If you are ready to sign your 30 year mortgage contract, contact Paramount Equity Mortgage® today. You can speak to an experienced representative by calling (855) 333-5336, or email us.

The Paramount Pledge™ – Triple Protection

The Paramount Pledge. It is our promise to you that we’ll provide the best rates, won’t charge you an application fee to lock in a rate and will ensure we can close and lock in a rate at the terms we provide.

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

Get Started! Get your free quote now

Corporate Headquarters. 916.290.9999

Toll Free. 877.290.9991

8781 Sierra College Blvd. Roseville Ca 95661

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today What are the mortgage rates todayWhat are the mortgage rates today

Paramount Equity Mortgage®, LLC is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, License #4170047; Arizona Mortgage Banker License #0922160, NMLS# 30336; Colorado Mortgage Company Registration NMLS# 30336, Connecticut Mortgage Lender License # ML-30336; DC Mortgage Dual Authority License #MLD30336; Georgia Department of Banking and Finance Georgia Mortgage Lender License #42733, Florida Mortgage Lender Servicer License # MLD 898; Hawaii Mortgage Servicer License , Idaho Mortgage Broker/Lender license – MBL-8279, Indiana-DFI First Lien Mortgage Lending License, Indiana-SOS Loan Broker License, License # 30336 License # 28067, #MS136, Kansas licensed mortgage company License # MC.0025206; Maine Supervised Lender License – 30336; Maryland – Mortgage Lender License # 21172; Minnesota Residential Mortgage Originator License, License # MN-MO-30336, Minnesota Residential Mortgage Originator License Other Trade Name, North Carolina Mortgage Lender License NMLS# 30336, License# MN-MO-30336.1 ,Nevada Mortgage Banker License #3919; Nevada Broker License #4260, New Mexico Mortgage Loan Company License NMLS# 30336, MO Company Registration NMLS# 30336, 435 Nichols Road, Suite 200, Kansas City, MO 64112-2006; Licensed by the N.J department of Banking and Insurance NMLS# 30336; New Jersey Residential Mortgage Lender License NMLS# 30336, Ohio Mortgage Loan Act Certificate of Registration , NMLS # 30336, Oregon Mortgage Lender License #ML-3256, Texas SML Mortgage Banker Registration NMLS# 30336; South Carolina Board of Financial Institutions Mortgage Lender/Servicer License #MLS-30336; Tennessee Mortgage License #125485, NMLS# 30336, Texas SML Residential Mortgage Loan Servicer Registration NMLS# 30336, LLC NMLS #30336; Pennsylvania Mortgage Lender License #52769, Utah DRE Mortgage Entity License Other Trade Name#1 #9572003, Utah DRE Mortgage Entity License Other Trade Name#2 #9573336, Virginia Broker License #MC-5267, Virginia Lender License #MC-5267, Washington Consumer Loan Company License #CL-30336; and Wisconsin Mortgage Broker License #30336BR NMLS ID #30336.


Best Mortgage Interest Rates – Find Today – s Lowest Variable – Fixed Rates, what


Best Mortgage Rates in Canada

We shop the most competitive brokers, lenders and banks in Canada to bring you today’s lowest interest rates, free of charge! Our Canadian comparison charts list current rates and are updated regularly throughout the day. To compare a certain category, click “Compare all rates” for more details.

If you need any help comparison shopping, read our most frequently asked questions below:

Why should I compare mortgage rates?

Not all mortgage rates are created equal. Mortgages can have vary with the terms and conditions, in addition to the interest rate. Each mortgage caters to an individual’s particular needs. If you want to find the best mortgage for you, you need to compare all of your options.

Should I get an open or closed mortgage?

‘Closed’ mortgages have lower rates when compared to their ‘open’ counter parts, and are more popular. Closed mortgages can come in fixed and variable form, but place a restriction on the amount of principal you can pay down each year. If you pay off the entire principal in a closed mortgage before the set term, you will face a penalty, such as a 3-month interest charge.

‘Open’ mortgages on the other hand, allow you to pay off your entire mortgage balance at any time throughout the term. The drawback is that you pay a premium for that option. People opt for open mortgages if they are planning to move in the short future, or if they are expecting a lump sum of money through an inheritance or bonus, that would allow them to pay off their entire mortgage.

What is the difference between a variable vs. fixed mortgage rate?

Fixed mortgage rates are more popular and represent 66% of all mortgages in Canada. With a fixed mortgage you can “set it and forget it” as you are protected against interest rate fluctuations, so your payment stays constant over the duration of your term.

Variable mortgage rates are typically lower than fixed rates, but can vary over the duration of the term. Variable mortgages are prone to market behaviour (via the prime rate) which affects your payments. That means your payment amounts can change over time. A fixed mortgage offers stability as your mortgage rate and payment will remain the same each month, but that security is the reason why fixed interest rates are greater.

How often are Ratehub.ca mortgage rates updated?

The mortgage rates you see were updated today. Our mortgage rates are sourced through two methods: Mortgage brokers can log into our platform and update their rates instantaneously; and we source rates from Canadian bank websites to ensure the rates are current.

What are prepayment options?

Prepayment options outline the flexibility you have to increase your monthly mortgage payments or pay down your mortgage principal as a whole. The monthly prepayment option is a percentage increase allowance on your original monthly mortgage payment. For example, if your monthly mortgage payment is $1,000 and your prepayment allowance is 25%, then you can increase your monthly payments up to $1,250. The lump sum prepayment option on the other hand, applies to the original mortgage amount. So, if your lump sum prepayment allowance is 25% on a $100,000 mortgage amount, then you can pay $25,000 off the principal every year.

What is the mortgage ratehold?

The rate hold clause refers to how long before your mortgage renewal date you can lock in the prevailing mortgage rate, should that interest rate be a favourable one. The renewal date is the date on which the term of mortgage expires, not to be confused with the amortization period. So, for example, if you have a 5-year term on your mortgage, and a 90-day rate hold, then within 90 days before the expiration of the term, you have the option to lock in the current mortgage rate.


Current Mortgage Rates, FHA mortgage rates, Total Mortgage, what are the mortgage rates today.#What #are


check out our current mortage rates

looking for something a bit more personal? there are two ways to get a quote

today’s mortgage rates

Last updated – November 16 2017 12:15pm est

rate insights

Mortgage rates are still down on the week and are continuing to run on the lower end for 2017. We do get the potential for rates to rise today if the House passes the Republican tax bill, so borrowers should keep an eye out for that news. Read on for more .

What are the mortgage rates today

TOTAL MORTGAGE RATES GURU

What are the mortgage rates today

We’ll close your new home loan in 21 days or less or your first mortgage payment is on us*

mortgage rates FAQ

what is a mortgage rate?

We want to lend you money, but we also need to pay the (awesome) people who make it happen.

That’s where charging interest comes in. For any loan you take out these days, be it auto, business, or mortgage, the lender will charge a percent of the loan amount for the use of their money. That number is your interest rate.

Each time you make a monthly payment, a portion of that payment goes to cover your principal—or the loan amount—while the rest covers your mortgage interest rate. Most lenders front-load the interest payments, so that in the beginning of the term, a higher percentage of the payment goes toward interest. As the loan matures, you’ll pay more and more principal.

why do interest rates fluctuate?

This is a complicated question—and it comes with a complicated answer.

The housing market is the backbone of the American economy, but it’s also dependent on it. As the economy dips and climbs, so do rates. Inflation, the state of the secondary mortgage market, the cost of consumer goods, and dozens of other factors all come into play here. This means that today’s mortgage rates may be different from those you’ve seen in the past or may see in the future.

There isn’t just one interest rate at any given time, though. The rate we’ll offer you may be slightly higher or lower than the rates you see advertised, since we have to account for all the variables that make your situation unique.

how do you come up with my interest rate?

A good rule of thumb? The riskier the loan seems for the lender, the higher the rate will be. In layman’s terms, a higher rate is how lenders hedge their bets, protecting their interests along with the interests of the housing market at large.

If your rate ends up higher than you assumed, remember: it’s nothing against you. We believe in our borrowers, but lenders like us didn’t survive the housing crisis to start skirting responsible lending practices now.

Okay, let’s get specific. These are the major factors we’ll use to calculate your personal rate:

  • The loan type
  • Your credit score
  • Your debt to income (or DTI) ratio
  • The value of the property compared to the loan amount
  • The down payment amount
  • The property location
  • Whether or not the property will be your primary residence

can my rate go up?

Depends. When you’re in the process of buying a house or refinancing, you’ll be offered opportunities to lock your rate. For a fee, this freezes your quoted mortgage rate for a set period of time, during which you’re expected to get all your documents in order and close. Miss that window, and yes, your rate might go up to match current mortgage rate fluctuations.

If you’re wondering what happens to your rate after you close, though, that choice is up to you. Most borrowers opt for a fixed-rate loan, which is exactly what it sounds like—your interest rate stays the same for the life of the loan.

For those who live in the now, though, there’s another option called an adjustable rate mortgage, or an ARM. This loan begins with a super low interest rate that may increase or decrease in the future at pre-specified intervals.

Mortgage rates are volatile and subject to change without notice. All rates shown are for 30-day rate locks with two points for an owner-occupied primary residence with 740 or higher FICO and 80 LTV over a 30-year loan term except where otherwise noted and are subject to mortgage approval with full documentation of income. The APR for a 30-year and 15-year conventional fixed-rate mortgage loans are calculated using a loan amount of $417,000, two points, a $495 application fee, $400 appraisal fee, $995 underwriting fee, a $10 flood certification fee, and a $20 credit report fee.* 15-year conventional mortgage rates are calculated with a 15-year loan term.* The APR for jumbo mortgage rates is calculated using a loan amount of $500,000, two points, a $495 application fee, $400 appraisal fee, $995 underwriting fee, $10 flood certification fee, and a $20 credit report fee.* The APR for FHA mortgage rates is calculated using a loan amount of $295,000, two points, a $495 application fee, $400 appraisal fee, $995 underwriting fee, $10 flood certification fee, and a $20 credit report fee. Some rates and fees may vary by state.* The APR for adjustable rate mortgages (ARMs) is calculated using a loan amount of $417,000, two points, a $495 application fee, $400 appraisal fee, $995 underwriting fee, $10 flood certification fee and a $20 credit report fee. Some rates and fees may vary by state. Products are subject to availability on a state-by-state basis. By refinancing your existing loan, your total finance charge may be higher over the life of the loan.

What are the mortgage rates today

185 Plains Road – 3rd Floor – Milford, CT 06461


Current Mortgage Rates in BC – Find the Best – Lowest Today, what are mortgage


Current Mortgage Rates in BC

We shop the most competitive brokers, lenders and banks in BC to bring you today’s lowest interest rates, free of charge! Our comparison charts list current BC rates, and are updated on a daily basis. To compare a certain category, click on the “See All” button for more details.

Find the Cheapest Mortgage Rates in British Columbia

Check out the comparison charts above for the lowest mortgage rate deals in BC. If you want more information – fixed vs. variable, open vs. closed, and prepayment options – visit our Education Centre The education centre is full of great information, advice, and Education Centre . If you would like up-to-the-minute personal service please choose a broker above to receive a phone call from a BC mortgage broker near you.

Should I get an open or closed mortgage rate in BC?

Closed mortgages are the popular choice in BC. They usually have lower interest rates which allow you to save money on a monthly basis. There are still some prepayment options in closed mortgages – however the amount by which an increase can be made to the monthly payment and the size of a lump sum payment to the principal are restricted.

The alternative, an open mortgage, allows borrowers to increase the size of their payment, or make un-restricted lump sum payments at anytime. This flexible mortgage is often chosen by those borrowers who plan to move in the near future.

What is the difference between a variable vs. fixed mortgage rate?

The popular mortgage choice has a fixed rate. Fixed mortgages have stable interest rates for the term of the mortgage. This stability makes budgeting and planning easier and more predictable. This stability results in the fixed mortgage being the preferred choice for most homeowners in BC.

A benefit of variable mortgages is that they usually have lower interest rates. However, because these rates change over the life of the mortgage, monthly payments will vary. To learn more check out the variable vs. fixed section.

What are prepayment options?

The amount of repayment a borrower can make towards the principal is restricted every year by the prepayment options. One option is to increase your monthly payment amount by a certain, set percentage. This increase in payment reduces the amortization period, and thus total interest paid on a mortgage.

The second option is to make a lump sum payment directly towards the principal of your mortgage. The amount of prepayment possible is set based on the initial value of the premium at the beginning of your mortgage term.

What is a mortgage ratehold?

Rateholds allow borrowers to freeze interest rates at today’s current rate for a certain number of days. This can be done prior to renewal or closing to freeze a favourable interest rate.

BC Housing Market Details 1

The BC real estate market should continue its growth throughout 2011 and 2012. This is due, in large part, to low mortgage interest rates, and increasing employment and population size. The forecasted increase in BC’s economy should lead to employment generation and an increase in full-time versus part-time work. These economic factors will further increase the interprovincial migration to British Columbia and will directly affect the housing market in a positive way.


30 Year Mortgage Rates Today, what are the mortgage rates today.#What #are #the #mortgage #rates


30 Year Mortgage Rates Today

What are the mortgage rates today30 Year Mortgage Rates Today

Are you thinking of signing a 30 year mortgage? Keeping the same rates and monthly payments for 360 months can definitely sweeten the pot. However, it is good to keep an eye on the current 30 year mortgage rates. This way, you can determine if signing a 30 year mortgage is the best option for you.

Current 30 Year Mortgage Rates

  • The current 30-year mortgage rates for the nation are close to four percent. (Same as VA loans, how often will this be updated/monitored?)
  • Years ago, the cost to pay off your 30-year mortgage would have been $375,000.
  • Today, the estimated cost of paying off your 30-year mortgage is close to $173,000.

What Does This Mean For You?

The 30 year mortgage rates today mean good news for all homeowners. The low rates allow most homeowners to make their monthly mortgage payments. This is a great time to refinance your home. If you are looking to purchase a home, you may decide to sign a 30-year mortgage. Are you already a homeowner? Why not take advantage of the low rates and do a little comparison shopping? You can compare your current mortgage with the rates of today.

Use The Low Rates of Today To Your Advantage

This is a great time to apply for an FHA home loan, refinance your home or even purchase a new one. Are you thinking of applying for an FHA home loan? We offer low down payments, help you close your loan, and pay off your mortgage faster.

You do not want to wait until the rates spike up to take out a loan, sign a mortgage or refinance your home.

Do the current 30 year mortgage rates work for you? If you are ready to sign your 30 year mortgage contract, contact Paramount Equity Mortgage® today. You can speak to an experienced representative by calling (855) 333-5336, or email us.

The Paramount Pledge™ – Triple Protection

The Paramount Pledge. It is our promise to you that we’ll provide the best rates, won’t charge you an application fee to lock in a rate and will ensure we can close and lock in a rate at the terms we provide.

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

Get Started! Get your free quote now

Corporate Headquarters. 916.290.9999

Toll Free. 877.290.9991

8781 Sierra College Blvd. Roseville Ca 95661

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today

What are the mortgage rates today What are the mortgage rates todayWhat are the mortgage rates today

Paramount Equity Mortgage®, LLC is licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act, License #4170047; Arizona Mortgage Banker License #0922160, NMLS# 30336; Colorado Mortgage Company Registration NMLS# 30336, Connecticut Mortgage Lender License # ML-30336; DC Mortgage Dual Authority License #MLD30336; Georgia Department of Banking and Finance Georgia Mortgage Lender License #42733, Florida Mortgage Lender Servicer License # MLD 898; Hawaii Mortgage Servicer License , Idaho Mortgage Broker/Lender license – MBL-8279, Indiana-DFI First Lien Mortgage Lending License, Indiana-SOS Loan Broker License, License # 30336 License # 28067, #MS136, Kansas licensed mortgage company License # MC.0025206; Maine Supervised Lender License – 30336; Maryland – Mortgage Lender License # 21172; Minnesota Residential Mortgage Originator License, License # MN-MO-30336, Minnesota Residential Mortgage Originator License Other Trade Name, North Carolina Mortgage Lender License NMLS# 30336, License# MN-MO-30336.1 ,Nevada Mortgage Banker License #3919; Nevada Broker License #4260, New Mexico Mortgage Loan Company License NMLS# 30336, MO Company Registration NMLS# 30336, 435 Nichols Road, Suite 200, Kansas City, MO 64112-2006; Licensed by the N.J department of Banking and Insurance NMLS# 30336; New Jersey Residential Mortgage Lender License NMLS# 30336, Ohio Mortgage Loan Act Certificate of Registration , NMLS # 30336, Oregon Mortgage Lender License #ML-3256, Texas SML Mortgage Banker Registration NMLS# 30336; South Carolina Board of Financial Institutions Mortgage Lender/Servicer License #MLS-30336; Tennessee Mortgage License #125485, NMLS# 30336, Texas SML Residential Mortgage Loan Servicer Registration NMLS# 30336, LLC NMLS #30336; Pennsylvania Mortgage Lender License #52769, Utah DRE Mortgage Entity License Other Trade Name#1 #9572003, Utah DRE Mortgage Entity License Other Trade Name#2 #9573336, Virginia Broker License #MC-5267, Virginia Lender License #MC-5267, Washington Consumer Loan Company License #CL-30336; and Wisconsin Mortgage Broker License #30336BR NMLS ID #30336.


Best Mortgage Interest Rates – Find Today – s Lowest Variable – Fixed Rates, what


Best Mortgage Rates in Canada

We shop the most competitive brokers, lenders and banks in Canada to bring you today’s lowest interest rates, free of charge! Our Canadian comparison charts list current rates and are updated regularly throughout the day. To compare a certain category, click “Compare all rates” for more details.

If you need any help comparison shopping, read our most frequently asked questions below:

Why should I compare mortgage rates?

Not all mortgage rates are created equal. Mortgages can have vary with the terms and conditions, in addition to the interest rate. Each mortgage caters to an individual’s particular needs. If you want to find the best mortgage for you, you need to compare all of your options.

Should I get an open or closed mortgage?

‘Closed’ mortgages have lower rates when compared to their ‘open’ counter parts, and are more popular. Closed mortgages can come in fixed and variable form, but place a restriction on the amount of principal you can pay down each year. If you pay off the entire principal in a closed mortgage before the set term, you will face a penalty, such as a 3-month interest charge.

‘Open’ mortgages on the other hand, allow you to pay off your entire mortgage balance at any time throughout the term. The drawback is that you pay a premium for that option. People opt for open mortgages if they are planning to move in the short future, or if they are expecting a lump sum of money through an inheritance or bonus, that would allow them to pay off their entire mortgage.

What is the difference between a variable vs. fixed mortgage rate?

Fixed mortgage rates are more popular and represent 66% of all mortgages in Canada. With a fixed mortgage you can “set it and forget it” as you are protected against interest rate fluctuations, so your payment stays constant over the duration of your term.

Variable mortgage rates are typically lower than fixed rates, but can vary over the duration of the term. Variable mortgages are prone to market behaviour (via the prime rate) which affects your payments. That means your payment amounts can change over time. A fixed mortgage offers stability as your mortgage rate and payment will remain the same each month, but that security is the reason why fixed interest rates are greater.

How often are Ratehub.ca mortgage rates updated?

The mortgage rates you see were updated today. Our mortgage rates are sourced through two methods: Mortgage brokers can log into our platform and update their rates instantaneously; and we source rates from Canadian bank websites to ensure the rates are current.

What are prepayment options?

Prepayment options outline the flexibility you have to increase your monthly mortgage payments or pay down your mortgage principal as a whole. The monthly prepayment option is a percentage increase allowance on your original monthly mortgage payment. For example, if your monthly mortgage payment is $1,000 and your prepayment allowance is 25%, then you can increase your monthly payments up to $1,250. The lump sum prepayment option on the other hand, applies to the original mortgage amount. So, if your lump sum prepayment allowance is 25% on a $100,000 mortgage amount, then you can pay $25,000 off the principal every year.

What is the mortgage ratehold?

The rate hold clause refers to how long before your mortgage renewal date you can lock in the prevailing mortgage rate, should that interest rate be a favourable one. The renewal date is the date on which the term of mortgage expires, not to be confused with the amortization period. So, for example, if you have a 5-year term on your mortgage, and a 90-day rate hold, then within 90 days before the expiration of the term, you have the option to lock in the current mortgage rate.


Current Mortgage Rates Today – View The Best Mortgage Rates, what are the mortgage rates


Current Mortgage Rates Today

Current Mortgage Rates – Mortgage Rates Today

What are the mortgage rates today

Mortgage 101: A Mortgage Resource Guide

This guide will help first-time home buyers and seasoned veterans get the information they need to make the correct financial decision regarding their mortgage. Our goal is to provide information and resources for everything you need to know about the mortgage process. Whether you are shopping for your first home or you are already established in a existing home, this page can be your guide. Take the necessary steps to make purchasing your first home or maintaining your existing home a seamless [Read More. ]

Latest Mortgage Information

What are the mortgage rates today

Top 10 Loan Modification Lenders

Many Americans have been affected by the recent economic crisis. Millions of homes have gone into foreclosure, and millions of families have lost their homes. If you are at risk for losing your home, the good [Read More. ]

Mortgage Tips Tricks

What are the mortgage rates today

The Top 10 Tips to Help Homebuyers Thrive in Today s Current Home Market

What are the mortgage rates today

Invest Smarter by Understanding the Top 6 Most Common Mortgage Myths

What are the mortgage rates today

Top 5 Mortgage Scams to Watch Out For This Year

What are the mortgage rates today

5 Important Reasons Why You Should Pay Off Your Mortgage Sooner Than Later

Tip of the Day

The Mortgage Library

What are the mortgage rates today

How to Tell if Current Mortgage Interest Rates Will Continue to Rise

Up until not long ago mortgage rates used to be very low, close to the lowest they have ever been. Rates have decreased to near record lows due to the recent housing market crash, which affected both homeowners and mortgage lenders. While millions of people have lost their [Read More. ]

What are the mortgage rates today

Could a 10 Year Mortgage Rate Be Your Best Mortgage Option?

One of the key aspects of finding a good mortgage loan is determining what type of mortgage term works out best for you. Long-term mortgage loans seem more attractive at first glance because the monthly payment is much smaller, but if you factor in the larger interest rate, [Read More. ]

What are the mortgage rates today

How the Current Government Shutdown is Affecting FHA Mortgages

The housing market has been recovering steadily lately, but the current government shutdown may interfere with that progress. For the first time in 17 years, the government has partially shut down. Besides other important implications, this shutdown could affect people who [Read More. ]

What are the mortgage rates today

Bad Credit Home Loans Are They Possible With Today s Stiffer Regulations?

There are many reasons for having a bad credit score, and you might be wondering if you are still able to buy a home, despite your shortcomings. The truth is that there are no rules set in stone when it comes to bad credit home loans. Some lenders may be more lenient than [Read More. ]

What are the mortgage rates today

What is this Difference Between a Home Equity Line of Credit vs Home Equity Loan

When buying a home with a mortgage loan, both you and your lender own parts of the home. The part of the home that you own is represented by the equity which builds up each time you make a payment. Having equity in your home allows you to take out a house equity loan by [Read More. ]

What are the mortgage rates today

What Are the Typical Home Equity Loan Requirements

Home equity loans are designed to help homeowners gain quick access to some much needed cash by tapping into the equity in their homes. Home equity loans provide an alternative to taking out other types of loans or opening new credit card accounts. While other forms of [Read More. ]

What are the mortgage rates today

Pros and Cons of Home Equity Loans

Home equity loans allow homeowners to take out a loan using the equity accumulated in their home as collateral. Home equity loans give you quick access to money that can be used for a home remodeling project, medical bills or college tuition. A home equity loan can be more [Read More. ]

What are the mortgage rates today

Is it Possible to get a Home Equity Loan With Bad Credit?

Getting a home equity loan with poor credit is more difficult, but not impossible. Before you decide to make improvements to your home or decide that you need some quick cash, you need to find out if a lender is willing to give you a home improvement loan and how your loan [Read More. ]


Interest Rate Trends ~ Historical Graphs for Mortgage Rates, what are mortgage rates.#What #are #mortgage


what are mortgage rates

What are mortgage rates

What are mortgage rates

What are mortgage rates

What are mortgage rates

Interest Rate Trends

Three month, one year, three year and long-term trends of national average mortgage rates

on 30-, 15-year fixed, 1-year (CMT-indexed) and 5/1 combined adjustable rate mortgages;

What are mortgage rates

What are mortgage rates

One year trends of mortgage rates: 30-Year FRM, 15-Year FRM, 5/1 ARM

* Fully-Indexed Rate = index (1-year CMT) + margin (assuming a 2.75% margin)

What are mortgage rates

What are mortgage rates

Three year trends of mortgage rates: 30-Year FRM, 15-Year FRM, 5/1 ARM

* Fully-Indexed Rate = index (1-year CMT) + margin (assuming a 2.75% margin)

What are mortgage rates

What are mortgage rates

What are mortgage rates

What are mortgage rates

What are mortgage rates

What are mortgage rates

What are mortgage rates

What are mortgage rates