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
Purchase
Fixed
Ontario
Any
Any
Above 650