Top 3-year fixed mortgage rates in Canada range from about 3.99% to 4.11%. Key lenders offer options for various borrower needs, including low rates, special mortgages, and alternatives for self-employed or damaged credit borrowers. Fixed-rate mortgages provide predictable payments and protection from rate hikes but lack flexibility and may have higher penalties. Choosing the best mortgage depends on rates, lender reputation, terms, and personal financial situation.