Current Mortgage Rates Ontario

See what homeowners across Toronto are saying about City Mortgages. Our client reviews reflect our commitment to competitive rates, fast approvals, and personalized mortgage solutions. Discover why we’re one of Toronto’s most trusted mortgage brokers.

Mortgage Banks and Rates

Duca

3.95%

Home Equity Bank

6.64%

Meridian

3.54%

Manulife

3.75%

Home Trust

3.75%

Desjardins

3.95%

Alterna

3.80%

CIBC

4.39%

Equitable Bank

4.74%

TD Canada Trust

4.09%

Scotiabank

3.75%

Private Lenders

6.99%

RBC Royal Bank

4.29%

BMO

4.15%

Best Mortgage Rate in Ontario & Toronto

Which Option Fits Me Best?

Term

2 Years

3 Years

5 Years

Private Lending Rates from

Fixed

3.95%

3.85%

3.94%

6.99%

Variable

4.75%

3.65%

3.55%

Updated December 2025

Your Trusted Toronto Mortgage Broker

We proudly serve homeowners across Toronto and the Greater Toronto Area, offering competitive mortgage rates, fast approvals, and personalized financing solutions in every neighbourhood.

Address

100 Rexdale Blvd Unit 304, Toronto, ON M9W 1N7

Blogs

26 August, 2025

Our Rate Guarantee

City Mortgage guarantees you the lowest rate for the purchase of your residential and commercial property in Canada. You won't find a better rate anywhere! Shop and Compare. If you find a better rate, we'll beat it or give you $500.