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Simplii mortgage rates

Simplii's posted rate is a sticker price. The special is what they'll actually offer, and even that usually sits above what an engaged shopper signs. Here's the gap.

ProductSpecial (advertised)Posted
5-year fixed5.34%—
3-year fixed5.09%—
2-year fixed4.84%—
5-year variable4.20%—
3-year variable——

What Simplii borrowers actually signed

2.28%
typical, below posted
2.40%
sharpest tenth, below posted
5
shared 5-year fixed offers

Borrowers who shared a Simplii 5-year fixed signed a median 2.28% below the posted rate, and the sharpest tenth got 2.40% below. Across the 19 lenders we track, the typical cut runs about 2.10%. These are self-reported rates people chose to share, not Simplii's official pricing, so treat them as what engaged shoppers negotiated; your own rate depends on your file.

Checked directly from Simplii. Last updated Oct 16, 5:02 a.m. Posted and special rates are the lender's own; what people actually sign is typically lower still.

Check Simplii's posted rates yourselfOpens Simplii's official rate page in a new tab. We'd rather you confirm our numbers at the source than take our word for them.

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Common questions about Simplii rates

Is Simplii's posted mortgage rate negotiable?
Yes. Simplii's posted rate is a sticker price almost nobody pays, and even the advertised special sits above what engaged shoppers sign. Borrowers who shared a Simplii 5-year fixed signed a median 2.28% below the posted rate.
How much below posted do Simplii borrowers actually sign?
A median of 2.28% below the posted rate on a 5-year fixed, with the sharpest tenth at 2.40% below, from 5 shared offers. It varies with your down payment, the property, and whether you use a broker.
What's a good mortgage rate at Simplii?
A good rate is one well below Simplii's posted sticker; the discount matters more than the headline number. The way to know is to put an offer next to what people like you actually signed rather than against the advertised rate.

Other lenders

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