Terms of Service

These Terms of Service govern your use of FairRate (fairrate.online) and apply to both the US and Canadian products. By using FairRate, you agree to these terms.

1. Nature of Service

FairRate is an independent information and education tool. We provide rate benchmark comparisons based on publicly available data from the Optimal Blue Mortgage Market Index (US) and the Bank of Canada (Canada). FairRate is not a mortgage broker, lender, financial advisor, or credit provider. Nothing on this site constitutes financial advice, a rate guarantee, a mortgage offer, or a solicitation to apply for credit.

For Canadian users: FairRate is not licensed under the Mortgage Brokerages, Lenders and Administrators Act (Ontario), the Mortgage Services Act (BC), or equivalent legislation in any Canadian province or territory.

2. Accuracy of Information

Rate benchmarks are based on published market data refreshed on a daily basis. They represent market averages and may not reflect your specific lender's current rates, rates available to you based on your individual credit profile, rates that have changed since our last data refresh, or provincial or lender-specific variations.

FairRate makes no warranty, express or implied, regarding the accuracy, completeness, or fitness for purpose of any rate information provided.

3. Paid Reports

• US Rate Checker: $19 USD
• US Loan Estimate Analyzer: $29 USD
• Canadian Rate Checker: $24 CAD
• Canadian Commitment Letter Analyzer: $34 CAD

All payments are processed by Stripe. All sales are final. We do not offer refunds except where required by applicable law. If you experience a technical failure that prevents delivery of your results, contact us at support@fairrate.online and we will resolve it.

4. Limitation of Liability

To the maximum extent permitted by law, FairRate and its operator shall not be liable for any financial loss, mortgage decision, or other damages arising from your use of this service. You use FairRate at your own risk and are solely responsible for any mortgage or financial decisions you make.

Our total liability to you for any claim arising from your use of the service shall not exceed the amount you paid for the specific analysis at issue.

5. Acceptable Use

By using FairRate you agree not to:

• Scrape, copy, resell, sublicense, or redistribute our analysis output or benchmarking data.
• Use the service on behalf of a third party without their knowledge and consent.
• Use automated tools, bots, or scripts to access the service.
• Submit false, misleading, or fraudulent information.

6. Intellectual Property

All content on FairRate — including our methodology, scoring logic, copy, and design — is owned by FairRate and protected by applicable intellectual property laws. You may not reproduce or distribute any content from FairRate without our written permission. Reports are for your personal, non-commercial use only.

7. Disclaimer of Warranties

The service is provided “as is” and “as available” without any warranty of any kind. We disclaim all implied warranties of merchantability, fitness for a particular purpose, and non-infringement to the fullest extent permitted by law.

8. Governing Law

For Canadian users: These terms are governed by the laws of the Province of Alberta and the federal laws of Canada applicable therein.

For US users: These terms are governed by the laws of the State of Delaware, without regard to its conflict-of-law provisions.

9. Changes to These Terms

We may update these terms from time to time. Continued use of FairRate after changes constitutes acceptance of the updated terms. The “Last updated” date at the top reflects when these Terms were last revised.

10. Contact

Questions about these Terms? Email us at support@fairrate.online.