Mortgage Rates In Ontario Today

The mortgage rates in Ontario Canada today are remarkably low. The average five-year closed mortgage rate is merely over 5 percent. Many lending institutions offer rates in the three- to four-percent range, rendering it possible to secure a mortgage with a low monthly payment and excellent interest rates. Purchasing a property now is an excellent way to lock in years of interest savings and live comfortably in the area. While prices are rising in some regions of the province, the mortgage rates ontario canada today rates in Ontario today remain very competitive.