Canada's Independent Mortgage Brokers
YOUR BANK'S MORTGAGE RATE IS TOO HIGH.WE FIND YOU BETTER.
We shop 70+ Canadian lenders to find you the lowest mortgage refinance rate — consistently beating the bank's 6.09% posted rate. Free, no-obligation quote in 2 minutes.
The Numbers Don't Lie
THE RATE GAP IS REAL.AND IT'S COSTING YOU.
Bank of Canada Conventional Posted Rate
5-year conventional posted rate — used by banks to calculate IRD penalties
The rate on your renewal letter. Accept it or fight back.
Monthly Payment
$2,938
on a $450,000 mortgage · 25-yr amort.
What We Find You
Shopped from 70+ lenders
Monthly Payment
$2,361
on a $450,000 mortgage · 25-yr amort.
Your Potential Savings
$577 / MONTH
That's $6,924 back in your pocket every year.
Canadian Mortgage Calculator
SEE EXACTLY HOW MUCHYOU COULD SAVE
Canadian mortgages compound semi-annually. Enter your details below to see a true side-by-side comparison.
Rates compound semi-annually as per Canadian mortgage regulations (Interest Act).
Bank Conventional Posted Rate — 6.09% (semi-annual compounding)
Our Rate — 4.04% (semi-annual compounding)
Per-Payment Savings
$526.39
every monthly payment
Interest Saved
$44,344.64
over the 5-year term
Extra Principal Paid Down
$12,761.34
lower balance at renewal
Total 5-Year Term Advantage
$57,105.98
interest saved + extra equity built
Simple Process
THREE STEPS TO A BETTER RATE
Fill the 2-Min Form
Tell us your current rate, loan balance, and property type. No credit check, no commitment.
We Shop 70+ Lenders
Our brokers instantly compare rates from banks, credit unions, and private lenders you've never heard of.
You Pick the Best Rate
We present your top options side by side. You choose. We handle the paperwork. Done.
Real Homeowners. Real Savings.
THEY STOPPED OVERPAYING.SO CAN YOU.
"My bank quoted me 6.75%. These guys found me 5.19%. I'm saving $391 a month. Wish I did this years ago."
Sarah M.
Toronto, ON
"We were nervous about refinancing but the process was so easy. Two minutes to fill out the form, and we had options the same day."
James & Priya K.
Mississauga, ON
"I've been with the same bank for 12 years. They wouldn't budge on my rate. IWantTheBestRate got me 1.4% lower in 48 hours."
Derek L.
Vancouver, BC
Common Questions
MORTGAGE REFINANCE FAQ
What is the best mortgage refinance rate in Canada right now?
As of June 2026, the best 5-year fixed refinance rates available through independent brokers are around 4.04% — compared to the Bank of Canada's conventional posted rate of 6.09%. Shopping 70+ lenders through a broker can save you over $577/month on a $450,000 mortgage.
How much can I save by refinancing my mortgage in Canada?
The average homeowner who refinances with us saves over $34,600 across a 5-year term. On a $450,000 mortgage, the difference between 6.09% and 4.04% is approximately $577 per month — or $6,924 per year.
Is it worth refinancing my mortgage in Canada?
Yes — if your current rate is above 4.5%, refinancing through an independent broker can save you hundreds per month. Even accounting for any break penalties, most homeowners recoup the cost within 12–18 months and save significantly over the remaining term.
How does a mortgage broker find better rates than my bank?
Independent mortgage brokers have access to wholesale rates from 70+ lenders — including banks, credit unions, and private lenders not available to the public. Banks only offer their own products; brokers shop the entire Canadian market on your behalf at no cost to you.
What is the Bank of Canada conventional posted mortgage rate?
The Bank of Canada's conventional 5-year posted mortgage rate (currently 6.09%) is the benchmark banks use to calculate Interest Rate Differential (IRD) break penalties. It is significantly higher than actual broker rates — which is exactly why refinancing with an independent broker saves you so much.
Every Month You Wait Costs You Money
STOP OVERPAYING.TAKES 2 MINUTES.
The average homeowner who refinances with us saves over $34,600 across a 5-year term compared to the bank's conventional posted rate. That's money back in your pocket — not your bank's.