Canada’s mortgage market is changing all the time, but we keep track of the best rates. Bookmark this page to find the best reverse mortgage rates, updated daily, based on data from MortgageLogic.news ...

The rate on a 30-year fixed refinance climbed to 6.25% today, according to the Mortgage Research Center. Rates averaged 5.4% for a 15-year financed mortgage and 6.14% for a 20-year financed mortgage.

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A $400,000 mortgage refinanced at today’s rates could lower monthly payments by roughly $260, though closing costs can offset those savings.