GTA Mortgage Rates

Your bank would never shop your mortgage deal with other banks to get you a better rate or terms. You need a mortgage broker on your side to fight to get you the best deal possible.

Take a look at the Mortgage Rates being offered in the GTA. These rates can change without notice, and it could be that your mortgage could even have a lower rate or better terms. Each mortgage application is different. There are a lot of factors that determine the mortgage rates and terms.

  • Current Variable Rate
    5.55%
  • Current Prime Rate
    6.45%
Terms
Bank Rates
Our Rates
6 Months
6.59%
5.99%
1 Year
6.09%
5.99%
2 Year
5.79%
5.74%
3 Year
5.79%
5.09%
4 Years
6.09%
5.24%
5 Years
6.34%
4.79%
7 Years
6.60%
5.84%
10 Years
6.85%
5.99%
Please Note: Advertised rates are not guaranteed. The rate provided by any financial institution listed, or any approval or decline you receive, will be based solely on your personal situation. Rates may vary from Province to Province and are subject to change without notice. Posted rates may be high ratio and/or quick close which can differ from conventional rates. The advertised rates are provided as guidance only and the accuracy of these rates is not guaranteed. You are encouraged to speak with a GTA Mortgage Centre Specialist for the most accurate information and to determine your eligibility. *O.A.C. & E.O.

Why should you work with a Mortgage Broker? A mortgage broker is a financial professional who helps borrowers find and secure a mortgage loan from a lender. They work with a variety of lenders, such as banks, credit unions, and mortgage companies, to find a loan that meets the borrower’s needs and budget.

Mortgage brokers act as intermediaries between borrowers and lenders. They help borrowers by gathering financial information and documents, analyzing the borrower’s credit and financial situation, and presenting loan options to the borrower. They also negotiate with lenders on behalf of the borrower to secure the best possible terms and rates for the loan.

In many cases, mortgage brokers can offer borrowers a wider range of loan options and rates than they would be able to find on their own. They can also save borrowers time and effort by handling much of the paperwork and legwork involved in securing a mortgage loan. However, it is important for borrowers to carefully research and compare mortgage options and rates from multiple sources, including directly from lenders, to ensure they are getting the best deal possible.

 

GTA Mortgage Centre
Mortgage Broker
Toronto Mississauga Brampton Oakville
Milton Burlington Hamilton
Kitchener Cambridge Waterloo London

We mainly service clients and provide mortgages in the Greater Toronto and Hamilton Area. If you are looking for a Mortgage in Toronto, Mississauga, Brampton, Oakville, Burlington, Milton, Hamilton, Cambridge, Kitchener, Waterloo, London, Vaughn, Richmond Hill, or Pickering, feel free to contact us. We’re dedicated to providing you with all the information you need to make a well-informed decision about your first or second mortgage.