3.99% Mortgage Rate

Best 5-Year Fixed Mortgage Rates in Canada – 3.99% (March 2024)

Mortgage Rates
March 26, 2025•1 min read

Looking for the best mortgage rates in Canada? As of March 26, 2024, RateShop is offering a competitive 5-year fixed mortgage rate at just 3.99%—one of the lowest available today. Whether you're in BC, Ontario, or Alberta, securing a low rate can save you thousands over your mortgage term.

Why Choose a 5-Year Fixed Mortgage?

A 5-year fixed mortgage provides stability with a locked-in interest rate, protecting you from market fluctuations. With rates as low as 3.99%, now is a great time to lock in a deal before potential rate changes.

Best Mortgage Rates Across Canada

  • Best mortgage rates in BC, Canada: From 3.99% (5-year fixed)

  • Best mortgage rates Ontario, Canada: Competitive 5-year terms

  • Lowest mortgage rates Alberta: Compare & save today

How to Get the Best Mortgage Deal

  1. Compare rates from multiple lenders.

  2. Check your credit score for better approval odds.

  3. Consider prepayment options for flexibility.

  4. Work with a mortgage broker to find hidden deals.

Current Mortgage Rate Trends

With the Bank of Canada holding rates steady, lenders are offering attractive fixed rates. If you're refinancing or buying a home, 3.99% for a 5-year fixed mortgage is a strong option.

🔗 Lock in Today’s Best Rate: 3.99% 5-Year Fixed!

Ranjit Nanda is a seasoned business development professional with over 15 years of experience. In his role as Underwriting Manager at Lendmax Capital MIC, he significantly contributed to the mortgage industry by overseeing underwriting operations, ensuring efficient loan processing, and managing risk. His expertise in credit risk analysis, LTV calculations, and mortgage lending has been instrumental in assessing and mitigating financial risks effectively. Ranjit's leadership and strategic insights have driven growth and success in the mortgage sector.

Ranjit Nanda

Ranjit Nanda is a seasoned business development professional with over 15 years of experience. In his role as Underwriting Manager at Lendmax Capital MIC, he significantly contributed to the mortgage industry by overseeing underwriting operations, ensuring efficient loan processing, and managing risk. His expertise in credit risk analysis, LTV calculations, and mortgage lending has been instrumental in assessing and mitigating financial risks effectively. Ranjit's leadership and strategic insights have driven growth and success in the mortgage sector.

Back to Blog