# 3-Year Fixed Mortgage Rates Canada 2026: Best 3-Year Rates

> Current 3-year fixed mortgage rates from Canada’s Big 5 banks and major challenger lenders. Why 3-year terms are dominating the 2026 market. Updated daily.

Category: Mortgage Rates
Last verified: 2026-08-29
Source: https://ratellow.com/mortgages/rates/3-year-fixed

## TL;DR
- Live 3-year fixed as of 2026-09-19: 4.24%.
- Lender contract rates are national — they do not vary by city.
- Uninsured straight switch at renewal: no prescribed MQR since 21 November 2024. Refinance is always tested.