Compare the Best Mortgage Rates from Banks, Brokers & Credit Unions
Canada's 1st mortgage rate comparison marketplace
Submit your mortgage request anonymously and receive offers from multiple mortgage lenders & brokers for purchase mortgage, mortgage renewal, refinance mortgage, or private mortgage, lenders compete to win your business.
Let the lowest bidder win.
Compare Mortgage Rates Canada:
One Request, Best Rate Offers & No Credit Checks
Get multiple mortgage rates
compare mortgage rates from banks, mortgage brokers, credit unions, and private lenders in one place.
Avoid rate negotiation process
No need to contact multiple banks and brokers to find the best mortgage rates in Canada negotiated for you
Secure lowest mortgage rates
Tranparent marketplace with customer anonymity lets you find Canada's lowest mortgage rates everytime
Signup for our best providers' and their lowest mortgage rates
Stay in the know and track your rate options!
How MortgageBids Works
Step 1 – Submit Your Mortgage Request
Tell us about your mortgage needs. Whether it is a mortgage purchase, refinance, renewal, or equity take-out, your request is submitted anonymously.
Step 2 – Lenders Compete for Your Mortgage
Banks, mortgage brokers, credit unions, and private lenders review the request and submit their best mortgage rate offers.
Step 3 – Compare Mortgage Rates
Compare the best mortgage rates Canada lenders are offering today, along with terms and features.
Step 4 – Choose the Best Mortgage Offer
Select the lender that provides the best mortgage rate and structure for your situation.
Mortgage Rates Today Canada
Mortgage rates in Canada change frequently based on:
Bank of Canada policy rate
Government bond yields
Inflation trends
Competition between lenders
MortgageBids.ca allows borrowers to see current mortgage rates Canada lenders are offering in real time, helping consumers make informed financial decisions.
Types of Mortgage Requests You Can Compare
MortgageBids supports multiple mortgage transaction types, allowing borrowers to find the best mortgage lenders in Canada for their specific situation.
Purchase Mortgages
Compare mortgage lenders offering purchase mortgage rates for first-time buyers and home buyers across Canada. Cashback mortgages, Self Employed Purchases and New to Canada programs offer the lowest rates.
Mortgage Renewals
Millions of Canadians renew their mortgages every year. Instead of accepting your bank’s renewal offer, use MortgageBids to compare best mortgage renewal rates in Canada.
Mortgage Refinance
Compare lenders offering refinance mortgage rates in Canada, including options to access home equity or consolidate debt. These options are also provided by Private Lenders, MICs and Funds in Canada.
Private Mortgages
If traditional lenders decline an application, our network includes private mortgage lenders in Canada offering alternative first and second mortgage options upto 80% LTV in any province.
Finding the best mortgage rates in Canada usually means contacting multiple banks, mortgage brokers, and lenders individually. Each application takes time, creates credit inquiries, and often leads to confusing offers with different terms. MortgageBids.ca eliminates the noise.
Our platform allows Canadians to compare mortgage rates from banks, mortgage brokers, credit unions, and private mortgage lenders in one place without submitting multiple applications. Instead of negotiating with lenders, lenders compete for your mortgage.
Lenders you can trust
Access up to 80% of home mortgage lenders in Canada. Here are just some of them.
See what our customers have to say about MortgageBids
Draven Solric
"It felt amazing to have lenders competing for my mortgage instead of me chasing them. Highly recommend."
Velira Cormont
"Being self-employed always made borrowing difficult, but MortgageBids matched me with lenders who understood my situation."
Liora Kensett
"MortgageBids turned what I expected to be a stressful refinance into a straightforward process with real savings."
Thane Merrick
"Even with my unusual income situation, I had multiple lenders competing for my business in less than a day"
Vareen Hollace
"The platform let me compare offers side by side. I never imagined I could get this low a rate without weeks of calls"
Jorren Vale
"I’d been declined elsewhere, but MortgageBids found lenders willing to look at the whole picture—not just my credit score."
Senna Drevon
"I loved how transparent the bidding process was. I could see who was offering what—no hidden surprises"
Khalix Ardent
"Fast approvals, competitive offers, and no pushy sales tactics. I’m telling everyone I know about MortgageBids"
Elyra Vennic
"As a first-time buyer, I felt confident making my choice because I had real numbers from real lenders to compare"
Orin Tavelle
"Debt consolidation was painless. Within 48 hours I had three offers that actually made financial sense"
Maelis Quorren
"The single application saved me hours of repetitive paperwork. I wish I’d known about this site years ago"
Zorren Calvick
"MortgageBids flipped the script—lenders competed for me, and I walked away with the best deal I’ve ever seen"
Corvan Thryce
"From application to approval, everything was seamless. I ended up saving thousands compared to my old lender."
Tavric Elmond
"MortgageBids gave me control over the process. I chose the best rate without feeling rushed or pressured."
Nerisse Calwin
"I thought my credit history would hold me back, but I still got three competitive bids in under 24 hours"
Mortgage Bids
22 Trinita Ave Woodbridge ON L4H 3J9