Today's mortgage rates in Montreal
Compare rates, then confirm what you qualify for based on your profile.
Insured rates
These rates apply to insured purchases (down payment under 20%). Mortgage default insurance is required.
Conventional rates
These rates apply to purchases with a down payment of 20% or higher, and for refinancing.
Insured vs. Conventional: what's the difference?
Insured (under 20% down)
If your down payment is less than 20%, your mortgage is typically insured. Insured rates are often lower because the loan is backed by mortgage insurance.
Conventional (20%+ down)
If your down payment is 20% or more, your mortgage is conventional. Rates can be slightly higher, but you avoid mortgage insurance and often have more flexibility depending on the lender.
Your exact rate depends on your profile, the property, and lender approval.
See what you qualify for
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Rates shown are for reference only. Your actual rate depends on your borrower profile, property details, required document verification, and lender approval. Rates can change at any time. Conditions apply.