Rate
Provider
3.19%

Jerry Brar Mortgages
3.24%

HSBC
3.49%

Tangerine
3.54%
![canwise-financial[1] canwise-financial[1]](https://financebc.ca/wp-content/uploads/2019/02/canwise-financial1-75x75.png)
Canwise Financial
3.54%

MortgagePal.ca
3.58%

Bank of Montreal
3.85%

TD Bank
4.04%

Coast Capital
4.09%

Scotia Bank
4.14%

MCAP
6.20%

RBC Royal Bank
6.25%

Simplii Financial
6.60%

Laurentian Bank
6.60%

National Bank
6.64%

CIBC
What is a 10 Year Fixed Mortgage
A fixed mortgage is a mortgage product where your rate is locked in over a certain term, the most common terms for fixed mortgages are 3, 5 and 10 years.
10 year fixed mortgages are mortgage contracts that are fixed for 10 years, after which the interest rate is re-negotiated between the mortgage holder and the lender. The long 10 year rate term allows for fixed rate mortgages to take advantage of historically low interest rates in the long term and add stability to a mortgage that is not available with shorter fixed terms or variable rate mortgages
Historical 10 Year Fixed Rates
From 1994 to today