Best available Ontario rates, updated by Darryl. Contact him for a rate tailored to your specific file.
Understanding your rate
Posted rates and "best available" rates are a starting point — your actual rate depends on your down payment, credit profile, property type, amortization, and which lender best fits your situation.
With less than 20% down, mortgage insurance (CMHC/Sagen) is required — but insured rates are often lower than conventional, because the lender carries less risk. I'll show you the full picture.
Fixed gives you certainty. Variable can save you money if rates move your way. The right choice depends on your cash flow, risk tolerance, and how long you plan to stay. We'll model both.
Your term (1–5 years) is how long your rate is locked in. Your amortization (15–30 years) is how long you take to pay off the mortgage. They're different — and both matter.
Most lenders allow you to pay down 10–20% extra per year without penalty. Using these strategically can shave years off your mortgage and save tens of thousands in interest.
A posted rate is just the starting point. Book a call and I'll find you the best rate your specific file qualifies for — across 50+ lenders.