The Financial Post reports in its Friday, July 4, edition that Canadian mortgage rates remained unchanged over the past week, with no shifts on the national lender leaderboard. The Post's Robert McLister writes that mortgage professionals are awaiting the potential impact of a U.S. trade deal, which could influence interest rates. Currently, Canada's largest banks are tightly holding their competitive rates, with the lowest uninsured five-year fixed rate advertised at 4.44 per cent. However, borrowers with strong financing options or existing relationships with banks may receive lower offers, particularly during renewals, some even below four percent. It is crucial to evaluate the contractual terms, as low rates can come with restrictive conditions. Mr. McLister says if you find a fixed rate starting with a three (3.99 per cent or less), that is exceptional. To secure the best deal, he says to compare rates from national lenders, regional brokers, and credit unions, and leverage this knowledge in negotiations.