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HELOC rates

HELOC pricing is tied to prime and lender-specific adjustments. Compare rates and understand borrowing limits.

Live rate snapshot

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HELOC5-year heloc$999,999
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Highlights

01

Prime-based HELOC pricing with lender notes.

02

Useful for renovations and readvanceable strategies.

03

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Source file

Reviewed rate context

This page is maintained by Pragmatic Mortgage Lending for Canadian borrowers comparing rate categories, lender fit, and product trade-offs. Rate tables can change without notice, so final advice still depends on the live lender file and approval conditions.

Reviewed by the Pragmatic Mortgage Lending broker team. Updated May 1, 2026.

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Frequently asked questions

Is a HELOC rate different from a variable mortgage?

Yes. HELOCs are revolving credit lines and often have different pricing and repayment rules.

How much can I borrow on a HELOC?

It depends on your equity, lender policy, and property type.