EQ Bank

EQ Bank Mortgage Rates

Compare current EQ Bank mortgage rates in Canada

High-interest savings meets modern mortgage solutions.

Best EQ Bank Rates

Lowest rates by product type

5-Year Fixed

Insured

4.19%

Insured

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5-Year Fixed

Uninsured

4.34%

Uninsured

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5-Year Variable

Insured

4.00%

Insured

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5-Year Variable

Uninsured

4.20%

Uninsured

View Rate

Rate Overview

Best rate for each term and product type

Best Not offered

Term	Fixed Insured	Fixed Uninsured	Variable Insured	Variable Uninsured
1 year	—	5.54%Apply	—	—
2 years	—	5.24%Apply	—	—
3 years	—	4.74%Apply	—	—
4 years	—	4.59%Apply	—	—
5 years	4.19%Apply	4.34%Apply	4.00%Apply	4.20%Apply

Fixed Rate Mortgages

Lock in your rate for the term of your mortgage

1 year

1 option

Best Rate

Uninsured

5.54%

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2 years

1 option

Best Rate

Uninsured

5.24%

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3 years

1 option

Best Rate

Uninsured

4.74%

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4 years

1 option

Best Rate

Uninsured

4.59%

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5 years

2 options

Best Rate

Insured

4.19%

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Uninsured

4.34%

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Variable Rate Mortgages

Rates change with the prime rate

5 years

2 options

Best Rate

Insured

4.00%

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Uninsured

4.20%

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About EQ Bank

EQ Bank, a trade name of Equitable Bank, has rapidly become a favourite among Canadian savers and borrowers alike. Known for industry-leading savings account rates, EQ Bank also offers competitive mortgage products through its parent company, Equitable Bank — one of Canada's largest alternative lenders. EQ Bank's digital-first platform provides a seamless experience for mortgage pre-approval, rate comparison, and application. Their mortgages feature flexible terms, competitive fixed and variable rates, and no monthly banking fees. For borrowers seeking an alternative to the Big Six banks without sacrificing service, EQ Bank delivers a refreshing, tech-forward approach to Canadian mortgages.