Our Philosophy: Modern Mortgage Advice Requires Old-Fashioned Accountability Read About Our Values


1 Year Fixed Rates

While only about 5% of Canadian homebuyers elect to go with a 1 year fixed rate, there are often very good reasons to consider this short term option; an upcoming move or the expectation of lower rates may be among them. In a typical market, a 1 year term is among the lowest rates available and will closely track variable rates. Yet along those lines, most borrowers will find that renewing (or re-qualifying for) a mortgage annually isn't worth the trouble and instead elect to go variable.

1 Year Fixed Current Market Statistics

Total Rates: 29
Average Rate: 3.73%
Highest Rate: 5.04%
Lowest Rate: 2.99%

Roll over thumbnail to enlarge.

Current 1 Year Fixed Rates

Notify me when these interest rates change
Interest Rate, Low to High
29 Rates Found
Page 1 of 5