MCAP Mortgage Rates
Below you'll find the best mortgage rates from MCAP. Be sure to compare rates between lenders to get the best product for you.
Featured
MCAP
4.49%5-yr Fixed
Featured
MCAP
4.35%5-yr Variable
Featured
MCAP
4.29%3-yr Fixed
Compare MCAP Mortgage Rates
Rates updated:
| Provider | 5 Year fixed | 5 Year variable | 3 Year fixed |
|---|---|---|---|
Best market rate | 3.89% | 3.70% Prime -1.00% | 3.69% |
4.51% | 4.53% Prime -0.17% | 4.29% | |
4.74% | 4.10% Prime -0.60% | 4.69% | |
4.34% | 4.44% Prime -0.26% | 4.54% | |
4.19% | 4.20% Prime -0.50% | 4.39% | |
4.59% | 4.20% Prime -0.50% | 4.39% |
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MCAP mortgage rates overview
Jamie David, Sr. Director of Marketing and Mortgages
MCAP is one of the largest independent Mortgage Finance Companies. With over $100 billion in assets under management, MCAP is much smaller than the Big 5 Banks, but has a range of mortgage products that might suit your needs.
How do MCAP mortgage rates compare with the big banks?
As you can see in the rates tables above, MCAP mortgage rates are definitely competitive with the Big 5 Banks. In order to get the best mortgage for your needs, you should compare rates from multiple lenders, including both the big banks and smaller lenders like MCAP.
MCAP mortgage products
MCAP operates in three main areas: residential mortgages, commercial mortgages and development finance. Their residential mortgage product line is wide, covering all of the most common mortgage types. This includes a closed-rate mortgage of 1 - 10-year terms, a 6-month convertible fixed-rate mortgage, a small rental program for non-owner occupied properties, as well as the MCAP Fusion Mortgage, which is a mortgage plus a home equity line of credit, or HELOC.
Accessing MCAP mortgage rates
To access one of the MCAP mortgage rates in the table above, you can approach MCAP directly, or speak to a mortgage broker near you to arrange a free consultation. The benefit of speaking with a mortgage broker is you'll also be given information about similar products and exclusive rates from other lenders, which helps you get the best deal possible. Mortgage brokers are also independent experts, and can give you advice specific to your situation at no cost to you.
More about MCAP
MCAP is a relatively young financial institution, founded in 1981 with the acquisition of Interior Trust, a small trust company. Despite its youth, MCAP has become one of Canada's largest independent Mortgage Finance Companies. In late 2022, the company had over $150 billion of Assets under Management, with over 1,500 employees working across Canada.
About Ratehub.ca
At Ratehub.ca, we have empowered millions of Canadians to make smarter financial decisions. Founded in 2010, we are Canada’s leading one-stop shop for mortgage rates, credit cards, insurance, personal loans, chequing and savings accounts, GICs, and investments. We are known for delivering unbeatable savings, selection, and service.Â
We believe financial products should be easy to understand and personalized to your needs. That’s why we provide tools and expert resources — from Canada’s most-used mortgage calculators to educational articles with real-world insights. We compare the best rates and products in real time from leading banks, lenders, and insurers, so you can shop for all your personal finance needs in one place. And when you're ready, our award-winning brokerage teams are here to help you every step of the way.
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How are CanWise Financial and Ratehub.ca connected?
We own and operate a mortgage brokerage, Ratehub.ca (formerly known as CanWise Financial), and are compensated for mortgages funded through our brokerage. Ratehub Inc. o/a Ratehub.ca & CanWise is a licensed mortgage brokerage and CMHC-approved lender. When comparing mortgage rates on Ratehub.ca, you’ll see rates from a number of lenders, including CanWise. All products are sorted according to the rates available to you and the selection criteria you’ve shared with us. Both Ratehub.ca and CanWise are owned and operated by Ratehub Inc.
We’re proud of our Ratehub.ca mortgage brokerage, which offers our users great rates, trusted advice and an award-winning team of mortgage experts. Read any of our 6,700 five-star Google and Facebook reviews and you’ll see what we mean.