Refinance mortgage rates
Ask about my rateCompare refinance mortgage rates in Canada with penalty, legal-fee, equity-takeout, debt-consolidation, and break-even planning context.
Refinancing · $750,000 home · $750,000 mortgage
BC · 5-year term · fixed & variable · 25-year amortization · Live in the home
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How your rates stay current
Supported public lender sources are checked once daily at 6 a.m. Vancouver time. Each offer shows when its source was checked. Your matches refresh while this page is open.
Expired promotions and rates without recent verification are removed automatically. A lender’s rate hold is separate from a promotion deadline. Promotional badges identify special rates; broker cashback estimates appear separately.
Choose your property, down payment, province and amortization to see matching products, then compare up to three for payment, interest and balance. Confirm fees, prepayment privileges, penalties and any funding deadline with your broker.
A little guidance goes a long way.
We’ll help you weigh the rate, flexibility and costs. Brokerage services are available for BC properties.
Find rates by lender
Open a lender to see verified fixed and variable reference rates, conditions and source checks. These examples cover different down payments and terms; use the shopper to check your own situation.
- ATB Financial
- AVEO by CMLS Financial
- B2B Bank
- B2B Bank Alternative
- Beem Credit Union
- BlueShore Financial
- BMO Bank of Montreal
- Bridgewater Bank
- CIBC
- CMLS Financial
- CoastCapital Savings
- Community Savings Credit Union
- CWB Optimum Mortgage (Alternative Lending)
- Desjardins
- DUCA
- DUCA (Near Prime)
- Eclipse (MCAP & RMG)
- Envision Financial
- Equitable Alternative Solutions
- First National Excalibur
- First National Financial
- HAVENTREE Bank
- Home Trust
- Island Savings
- Manulife
- Marathon Mortgage
- MCAN Home - Discover Alternative for Uninsured
- MCAN Home - Precision Prime for Insured
- MCAP
- MERIX - Standard (Lendwise)
- MERIX - Trailer
- National Bank of Canada
- Neo Financial
- NPX
- Peoples Bank (For Exclusive Partners Only)
- Pine Mortgage (Pine Financial)
- Prospera
- Radius Financial
- RBC Royal Bank
- RFA
- RFA Alternative
- RMG Mortgages
- Scotiabank
- Strive Capital
- TD Canada Trust
- Valley First
- WealthONE Bank
Browse the lender directory · Live rate data for AI assistants · Connect an AI assistant
Compare the same balance, term, amortization and insurance category. Displayed rates depend on eligibility and lender approval.
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Understand the rate you’re looking at.
A refinance rate applies when you replace or materially change an existing mortgage, often to access equity, consolidate debt, change the amortization, or lower the payment. The winning option is the one whose savings or strategic benefit exceeds the penalty, appraisal, legal, discharge, and financing costs over a realistic holding period.
Refinancing can reduce payments or unlock equity, but penalties and fees matter. Compare rates alongside the breakeven timeline.
- Use for
- Equity access, debt restructuring, or a material mortgage reset
- Calculate
- Penalty, fees, new payment, and break-even month
- Do not compare as
- A purchase rate without transaction costs
Before you accept an offer
- Rate shopper tuned for refinance scenarios.
- Pair with the refinance analyzer to model costs.
- Save your scenario to revisit with your broker.
Clear answers
Before you decide
Do refinance rates differ from purchase rates?
Yes. Refinances can price differently due to insurer rules and risk profiles.
How do I know if refinancing is worth it?
Use a breakeven calculator to compare penalty and fee costs against savings.
Keep comparing
References
Use the regulator and consumer-agency guidance alongside the written terms of your lender’s offer.
Pragmatic Mortgage Lending · BC
Find the rate that fits the whole mortgage.
We’ll review lender eligibility, penalties and flexibility alongside the payment.