Our trusted Mortgage Brokers work with all Canadian Banks & Private Lenders.
Mortgages for homes in Vancouver, Calgary, Toronto, Montreal, Quebec, Halifax, Kelowna and more.
READY TO GIVE US A TRY?
Mortgage Quotes in Canada with all Banks and Private Lenders!
OUR COMMITMENTS TO YOU
The Service is 100% Free with no commitments attached.
Your Mortgage enquiry will be instantly passed to our 5 Specialist Mortgage Brokers.
All 5 Mortgage Brokers will be in contact within 24 hours. Most of the time, response times are in the first few hours.
Time saving - Instead of contacting multiple brokers or banks, access our 5 Brokers and receive 5 quotes in one click.
Independent advice - Our Brokers provide unbiased recommendations, not tied to one lender.
Data privacy assurance - We commit to protecting your information and only sharing with selected brokers.
Mortgage Quotebeater FAQs
What affects your mortgage rate in Canada?
Both variable and fixed mortgage rates that are offered in Canada are influenced by the economic environment. The economic factors and their effects are explained below.
Is your service really free?
Yes. There's no fee to use our Quotebeater service. Brokers pay us a very small fee to receive your enquiry. They are motivated to help you and win your business.
Will this affect my credit score?
No. Submitting the form is just a soft introduction — no credit search is run. A credit check only happens later if you decide to formally apply with one of the brokers.
Who are the 5 Brokers?
A handpicked panel of FCA-regulated UK mortgage brokers covering whole-of-market lenders. The five matched to you depend on your situation — first-time buyer, remortgage or buy-to-let.
How quickly will I hear back?
Most customers receive their first quote within hours and all five within 48 hours during working days.
What if I dont like any of the quotes?
Walk away. There's zero obligation to proceed with any broker. Your details are never sold on.
Economic Factors in Canada?
Prime Rate for Variable Mortgages
Each bank has its own prime rate, which is based on the Bank of Canada overnight rate and is used to determine variable interest rates.
As of the latest update on June 3, 2026, the prime rate in Canada is 4.45%.
Variable mortgage rates change in line with changes in the prime rate.
Bond Yields for Fixed Mortgages
Canadian bond yields with comparable terms and the overall economic climate influence Canada's fixed mortgage rates.
When bond yields rise, fixed mortgage rates may increase, but the spread between the two can always change.
Almost whenever bond yields fall significantly, the mortgage rates will decrease.
Economic Conditions
When the economy is doing well, rates tend to rise.
During economic downturns, rates usually drop to encourage borrowing and stimulate the economy.
During a predicted economic downturn, a short-term or variable mortgage rate may benefit from potential rate cuts.
Both variable and fixed mortgage rates that are offered in Canada are influenced by the economic environment.
Real Customers
A better quote, with less hassle.
Jasmine Richards
"Got specialist BTL quotes I couldn't find on comparison sites. Felt like the brokers were genuinely working for me."
Monica Chandler
"Brilliantly simple. The brokers actually competed — and the one we picked sorted everything in under three weeks."
Thomas Krazinski
"Filled in the form before bed. Had three brokers call by lunchtime with rates better than our bank quoted. Saved us $274/month."