Interest Rates

Looking for the best Winnipeg mortgage interest rates? The right mortgage rate, tailored to your requirements, can save thousands of dollars over the life of your mortgage.   A great mortgage solution not only fulfills all your current budget requirements but makes sure that you are not burdened during the term with any limitations regarding lump sum payments, payment increase options, or portability.

Ideal Mortgage Solutions will not only provide you with the lowest mortgage rate in the market, but we strive to ensure maximum flexibility within the product.   Ideal Mortgage Solutions is a leading mortgage brokerage firm, offering seamless solutions for both fixed and variable rate mortgages.  The table below shows a comparison between today’s Market Rates and the rates we are able to secure for you.

Term
Convention Mortgage
(Downpayment 20% or more)
High-Ratio Mortgage
(Downpayment Less Than 20%)
5 year
Fixed Rate
4.29% 
4.29% (or 65% LTV) 
5 year
Variable Rate
3.95% (prime - .50) 
3.65% (prime - .80%), or 65% LTV 
5 year
Fixed - Conventional / Refinance
4.29% 
NA for refinance 
4 year
Fixed Rate
4.19 
4.19% 
3 year
Fixed Rate
4.19 
4.19% (high ratio or 65% LTV) 
2 year
Fixed Rate
4.24% 
3.99 
1 year
Fixed Rate
4.84 
4.59 
7 year
Fixed Rate
5.35% 
5.10% 
10 yr
Fixed Rate
5.24% 
5.24% 

 

Home Purchase

A home purchase mortgage helps you finance the purchase of your dream property by spreading the cost over time. It allows you to build equity while enjoying the benefits of homeownership through manageable monthly payments.

Refinance

A mortgage refinance lets you replace your existing mortgage with a new one, often at a lower rate or with better terms. It can help reduce monthly payments, access home equity, or consolidate debt effectively.

Renewal

A mortgage renewal occurs when your current mortgage term ends, allowing you to renegotiate your rate, term, and lender. It is an opportunity to secure better terms and align your mortgage with your financial goals.