Laurentian Bank · 10-Year FixedLaurentian Bank 10-year fixed mortgage, compared.
Laurentian Bank isn’t posting a broker-channel 10-year fixed on our rate board today — the best 10-year fixed across our network is 5.29%. We get Laurentian Bank’s broker pricing — typically 15-30 bps below posted — and compare it across 100+ lenders.
How does Laurentian Bank’s 10-year fixed compare?
Laurentian Bank isn't currently posting a broker-channel 10-year fixed on our rate board, so the rate above is the best 10-year fixed across our 100+ lenders — not Laurentian Bank's own. For this term we shop your file across the full shelf, Laurentian Bank included, and bring back the sharpest fit.
The trade-off, and what drives the rate
The trade-off. You pay the highest term premium for the longest possible certainty and post-year-five flexibility.
What drives the rate. Priced off the 10-year bond, it carries the highest premium of any term because the lender holds the rate longest. It only makes mathematical sense when long rates are unusually low relative to shorter terms.
What would my payment be with Laurentian Bank?
About $3,350/month. On a $700,000 home with 20% down, the mortgage is $560,000. That’s at the network’s best 10-year fixed rate of 5.29% over a 25-year amortization. At Laurentian Bank’s consumer rate (~15-30 bps higher) the same mortgage costs $50-100 more a month. Model your numbers in the payment calculator.
What a 10-year fixed with Laurentian Bank means in practice
Laurentian Bank is a bank outside the Big-6. That matters on a 10-year fixed because the Big-6 price a fixed-rate break with posted-rate IRD, while lenders off the bank shelf more often use fair, contract-rate IRD — typically far cheaper for the same break. On a long fixed term that difference is where most of the break-cost risk sits. Laurentian Bank's commitment and written payout statement are the binding word on its method.
More on Laurentian Bank's 10-year fixed: penalties, privileges and programs
Against the Big-6. For contrast, all six Big-6 banks price a fixed break with posted-rate IRD, against representative 5-year posted rates of 6.79%-6.84%. Their prepayment room: TD and National Bank (15% lump sum plus double-up), RBC and CIBC (10% lump sum plus double-up), Scotiabank (15/15), BMO (20/20).
How does Laurentian Bank price the broker channel?
Quebec-based Schedule I bank with national broker-channel reach via B2B Bank (subsidiary). Standard A-lender residential plus a deep commercial real-estate desk. Strongest market presence in Quebec.
Laurentian Bank's rate sheets and strengths
Laurentian Bank runs a consumer 10-year fixed sheet and a wholesale broker-channel sheet, usually 15-30 bps lower — on a $700,000 mortgage, 20 bps is roughly $1,400 a year.
- Quebec residential
- B2B Bank broker channel
- Commercial real estate
- Bilingual service
Why get Laurentian Bank’s 10-year fixed through a broker?
Because the rate Laurentian Bank quotes you directly is rarely its best 10-year fixed. We can help you save money.
Access the broker channel
Laurentian Bank's broker-channel 10-year fixed rate is typically 15-30 bps below the rate you would be quoted directly — and you can only reach it through a licensed brokerage like ours.
Switch or renew without overpaying
At maturity we benchmark Laurentian Bank's renewal/switch offer against the whole market so you never auto-renew high.
Bring us a written offer from a big bank. We’ll try to beat it. If we can’t, we pay you $500. Conditions apply. See the conditions
Whatever your situation with Laurentian Bank
We submit to Laurentian Bank’s broker desk and 100+ other lenders on one application — whichever prices your file lowest wins.
First-time buyers
5% down with FHSA + RRSP HBP optimization — Laurentian Bank or whichever lender prices you lowest.
Refinancing
Tap your home equity for renovations, debt consolidation or investing.
Renewing
Don't auto-renew with Laurentian Bank — compare the offer against the market.
Self-employed
Business-for-self files priced right across A-lender, alt-A and private.
Bruised credit
B-lender and private paths now, with a mapped exit back to A-pricing.
Breaking a Laurentian mortgage
Estimate the IRD or three-months-interest penalty before you switch out of Laurentian Bank.
Laurentian Bank 10-year fixed rate — FAQ
What is Laurentian Bank's 10-year fixed mortgage rate today?
The best 10-year fixed across our 100+ lender network is approximately 5.29% as of Oct 24, 2026. As an FSRA-licensed brokerage we quote Laurentian Bank's broker-channel sheet, typically 15-30 bps below its consumer rate. Your exact rate depends on your file.
How do I get Laurentian Bank's broker-channel 10-year fixed rate?
You can't get the broker rate by approaching Laurentian Bank yourself — it's wholesale pricing offered only through licensed brokers. We submit your file directly to Laurentian Bank's broker desk and, on the same application, compare it against the rest of the network so you see Laurentian Bank's best 10-year fixed and the market's best side by side.
Is a 10-year fixed with Laurentian Bank a good idea?
You pay the highest term premium for the longest possible certainty and post-year-five flexibility. The rarest term, with a small but loyal niche.
How does breaking a Laurentian Bank 10-year fixed work?
A key Canadian protection applies: after five years, federal law limits the prepayment penalty to three months' interest, so a 10-year fixed becomes far cheaper to break once you pass year five. The method matters as much as the term: the Big-6 banks compare your contract rate against today's posted rate minus the discount you received at signing, while lenders off the bank shelf more often use fair contract-rate IRD, which is typically far cheaper for the same break. Laurentian Bank's written payout statement is the only binding number — estimate it first with our mortgage penalty calculator.
Can I get a lower 10-year fixed rate than Laurentian Bank's?
Sometimes. Another of our 100+ lenders may price your specific 10-year fixed better — we put Laurentian Bank and the rest of the network on one application, then you choose.
Get Laurentian Bank’s best 10-year fixed — and 100+ others.
One application, no credit pull to begin. We submit to Laurentian Bank and shop the whole network for your file.