Canadian fixed-rate snapshot checked November 4, 2026. Published examples are subject to change and lender approval.
4.84%–5.14% · RBC five-year fixed closed offers
4.84% for eligible high-ratio purchases and 5.14% for the advertised purchase or switch offer. The three-year fixed closed offer is 5.09%. Credit, income and debt affect qualification.
RBC published rates5.19%–5.39% · MCAN Discover Alt starting rates across one- to three-year terms
One year starts at 5.19%, two at 5.29%, and three at 5.39%. The sheet lists up to 80% loan-to-value and a lender fee up to 1.5%. Actual pricing depends on underwriting. Rates effective October 10, 2026.
MCAN Discover Alt rate sheetBoardroom sample borrower. At 5% down, the file is outside the listed MCAN product’s loan-to-value limit. The sample’s debt load also leaves bank qualification unresolved. A borrower-specific rate requires lender review.