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Ontario Mortgage Rates

Find the best current mortgage rates in Ontario to ensure you are receiving the best deal. Locking in a good mortgage rate will help reduce your monthly mortgage payment increasing the affordability of your monthly mortgage payment.

The average home price in Ontario is $859,645 across all home types in 2025. If you are a first-time homebuyer in Ontario locking in a good mortgage rate could be the difference in being able to afford a home in Ontario.

Compare current mortgage rates for today

It pays to compare multiple lenders to help you negotiate, find the right deal for you and save in the long run. Get a feel for your top picks to start the process of finding the lender for you.

Rates updated: Mon Jul 14 2025























These rates do not include taxes, fees, and insurance. Your actual rate and loan terms will be determined by the partner’s assessment of your creditworthiness and other factors. Any potential savings figures are estimates based on the information provided by you and our advertising partners. Advertiser disclosure: The listings on this page feature lenders who have a relationship with Homewise. If you choose to use Homewise's services, we will receive a referral fee. Listings are arranged by rates, from lowest to highest, or by recommendation.

Mortgage Brokerage Licensed in ON #12984, AB #00516872, BC #X301004, MB, NS #2022-3000058, NL #23-07-HO061-1, NB #10057266, SK #512263. Homewise can pursue mortgage brokering activity across Canada. We are proudly Canadian!