FairRate Canada press and media
Short description
FairRate Canada is an independent, consumer-paid tool that helps Canadian homeowners check whether a mortgage renewal offer from their lender looks fair before signing. It is not a mortgage broker, lender, law firm, or financial advisor.
Why this matters
Canadian borrowers often receive renewal letters that feel official and time-sensitive. Many sign without knowing whether the quoted rate is fair for their province, term, rate type, balance, and current market context.
FairRate focuses on the pre-signing decision. The tool helps borrowers understand whether a lender renewal offer looks fair, high, negotiable, or worth deeper review before they respond.
What FairRate is
A consumer-paid educational benchmark tool for checking a specific renewal offer before signing.
What FairRate is not
Not a lender, broker, brokerage marketplace, law firm, or financial advisor.
What FairRate publishes
Renewal fairness tools, methodology pages, answer pages, and monthly reports as usage grows.
What reporters can cite
The renewal fairness checker, methodology/data sources, benchmark-source page, and monthly report pages.
Useful links for writers
Disclosure language
FairRate Canada is informational only. It does not arrange mortgages, approve applications, guarantee rates, negotiate directly with lenders, or provide regulated financial advice. Benchmark context is not a guaranteed lender offer.
For homeowners
If you have a renewal offer, use the free checker before signing.
Start free renewal check →