Ottawa Mortgage Rate Tracker
Review Ottawa mortgage-rate observations and compare how entered rate scenarios may affect planning estimates.
Before you use this tool
What it estimates
Review Ottawa mortgage-rate observations and compare how entered rate scenarios may affect planning estimates.
Who it is for
Ottawa buyers and homeowners who want educational rate context before comparing lender options.
Numbers you need
Use the scenario details requested in the calculator inputs below.
What the result means
The result is an educational estimate based only on the numbers entered.
Next step
Use the estimate to prepare better questions before making a mortgage decision.
Review my mortgage numbersBank of Canada reference data
Conventional mortgage, 5-year: 6.09%
Latest published Bank of Canada figure as of July 22, 2026. This is a reference data point, not a lender quote, offer, or guarantee. See the full rates page for policy rate, prime, and historical context.
Compare a rate scenario
Illustrates payments at the current reference rate and at a rate you enter, using the same balance and amortization. This does not predict future rates or estimate what any lender will offer.
Payment at reference rate
$2,581
Payment at entered rate
$2,581
Get notified about Ottawa rate updates
An occasional email when Bank of Canada reference figures change. This is not a mortgage review request, and signing up does not create a lender relationship.
Frequently asked questions
Where does the reference rate come from?
The Bank of Canada's published conventional 5-year mortgage reference figure, fetched live from its Valet API with a stored fallback if that's temporarily unavailable. It is a published reference figure, not a lender quote, offer, or rate you're guaranteed to receive.
Why is this specific to Ottawa?
The reference data itself is national Bank of Canada data — there's no separate Ottawa-only published rate. The context and comparisons here are built for Ottawa buyers and homeowners, and the alert signup is intended for that audience.
What happens when I sign up for rate updates?
You'll get an occasional email when the published Bank of Canada reference figures change. This is not a mortgage review request, and signing up does not create a lender or brokerage relationship. You can unsubscribe at any time.
Does the scenario comparison predict where rates are going?
No. It illustrates payments at today's published reference rate and at a rate you enter, using the same balance and amortization. It does not forecast future rates or estimate what any lender will actually offer you.