Current Mortgage Rates Ontario

Rate maintained at 0.25 %.

Major Banks & Ranking for Mortgages

The winner is Scotiabank

1. Scotiabank

no question asked, no hassle, best rates, fill it and forget it mortgage. best bank for new comers

2. Royal Bank of Canada

Largest bank. You can negotiate for good rates. Get high mortgage amount. Be careful for terms, e.g. penalty clause etc.

3. TD Bank

Second biggest bank. Good if you can get lowest mortgage rate through mortgage broker. Direct bank mortgage advisor will approve lower amount at not good terms 

4. BMO

Restrictive approval. Lower amount. More cautious. High rate


Forget this bank, like hot potato. Low mortgage amount. Hassle customers. Not worth it.

We work with all lenders and can provide appropriate lending product for our clients.

Disclaimer: This is not recommendation. You can choose any bank that is best for you.