Mortgage rates in London Ontario can shift fast—protect yours for up to 120 days (varies by lender). Whether you’re buying, renewing, or refinancing, we’ll secure a competitive rate and give expert pointers for your next mortgage step. Don’t wait—start saving now!
Best Mortgage Rates in London Ontario
5-Year Fixed*
0
%
5-Year Variable*
0
%
(Most Banks’ Prime Rate: 6.95%)
Shop 65+ lenders in one place. Save time and money today!
*Rates shown are for informational purposes only and are subject to change without notice. Please contact Genesis Group for the most up-to-date rates and terms.
Genesis Group is not liable for any discrepancies or inaccuracies in the displayed rates.
Rates last updated:
Compare the Best Mortgage Rates in London Ontario
| Mortgage Term | Rates From | Payments | |
|---|---|---|---|
| 6 Month Fixed | 2.99% | $2,368/mo | |
|
Rate Range: 2.99% - 5.50% |
|||
| 1 Year Fixed | 5.79% | $3,157/mo | |
|
Rate Range: 5.79% |
|||
| 2 Year Fixed | 4.84% | $2,876/mo | |
|
Rate Range: 4.84% |
|||
| 3 Year Fixed | 3.99% | $2,627/mo | |
|
Rate Range: 3.99% |
|||
| 4 Year Fixed | 4.59% | $2,804/mo | |
|
Rate Range: 4.59% |
|||
| 5 Year Fixed MOST POPULAR | 3.99% | $2,627/mo | |
|
Rate Range: 3.99% |
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| 5 Year Open | 4.95% | $2,908/mo | |
|
Rate Range: 4.95% |
|||
| 5 Year Variable | 4.45% | $2,736/mo | |
|
Rate Range: 4.45% |
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*Disclaimer: If you don’t meet the requirements for our lowest advertised rates, don’t worry—Genesis Group has a wide range of competitive mortgage options to suit your needs! The rates displayed above represent realistic options if the outlined criteria aren’t fully met. Factors such as your credit score, down payment amount, and property details may impact your final rate. We’re dedicated to finding the best-possible solution for your unique situation.
Additional fees or premiums may apply for rental properties, extended amortizations, non-standard properties, or alternative lending options.
Unlock Your Lowest Rate in London Ontario Today – Guaranteed
Experience unmatched savings with Genesis Group. Let us secure your best rate and help you save thousands.
Mortgage Rates London Ontario – The Genesis Group
Find the Best Mortgage Rates in London Ontario with Genesis Group
In London Ontario, securing a great mortgage rate can lead to significant savings. At Genesis Group, an award-winning brokerage with over 12 years of experience, we excel at helping clients save big—often over $3,000, and sometimes up to $15,000 or more, depending on your situation.
We handle a large volume of mortgages, letting us negotiate special discounts—yes, even if you’d like to stay with your current bank. Our rates often average about 0.20% lower than many major banks and other competitors.
Why Choose Genesis Group?
Whether you’re a first-time buyer, looking at a cottage or rental property, or hoping to refinance or renew, our top-rated brokers offer:
- 65+ lenders in one convenient place.
- Bespoke solutions matching your lifestyle and budget.
- Friendly, expert guidance so you can move forward with confidence.
Complex Mortgage Needs? We’ve Got You Covered
Not every mortgage fits neatly in the big-bank box. If you need short-term or flexible financing—like debt consolidation or tapping into home equity—we make the process simpler. Genesis Group tackles the tricky details so you can focus on what matters most.
What Impacts Your Mortgage Rate?
Your mortgage rate depends on several factors, including:
- Your down payment percentage compared to the overall mortgage size.
- Your credit score and financial history.
- Your purchase timeline and loan type.
We’re here to simplify the process. Our expert agents will explain the details, answer your questions, and help you make informed decisions to save thousands over the life of your mortgage.
Talk to Us Today
At Genesis Group, we focus on maximizing your savings. Whether you call us, drop by in person, or apply online, we’ll guide you to the best mortgage rates in London Ontario.
Your Path to Financial Freedom Starts Here.
Securing Your Best Rate Is Our Mission
Your Key to the Best Mortgage Rates? Genesis Group’s Expert Brokers.
At Genesis Group, our award-winning brokers are highly trained professionals with access to a wide range of mortgage products tailored to fit your unique needs. We understand how crucial it is to secure the right mortgage—on time, stress-free, and at the most competitive rate.
Got a complex situation? No problem. Our team simplifies even the most intricate details, guiding you every step of the way with personalized service that puts you first.
Experience unparalleled 5-star service today. Whether it’s your first mortgage or a refinance, we’re here to build a savings relationship you can count on for years to come.
Start your journey today—apply online, give us a call, or meet us in person. Need a broker who speaks your language or prefers a Mobile Agent to meet you where you are? Explore our directory to find your perfect match.
Ontario’s Housing Market: Navigating Challenges and Opportunities with Genesis Group
London Ontario is a vibrant city mixing historical charm with modern growth. While it’s more affordable than some places, the local market can still feel competitive—so locking in the best mortgage rates is key.
In October 2024, Ontario’s housing market saw a 34% rise in sales year-over-year and 14% from last month. London experienced a slight price drop of -6.6%, yet demand remains high overall. New listings were up just 3.1%, leaving inventory at 3.1 months—down from 3.9 in September.
Housing Affordability Remains a Concern
Ontario remains one of Canada’s least affordable regions, and London is no exception, even with its recent price dip:
- Overall average home price in Ontario is $887,259, up 3.1% year-over-year.
- London’s property values shifted around -6.6%, offering some relief for buyers but still placing pressure on first-time owners.
What’s Ahead for London Ontario’s Housing Market?
Experts believe interest rates might decrease heading into 2025, potentially improving affordability for some. However, a wave of mortgage renewals could bring more listings and changes by Spring 2025.
At Genesis Group, we recognize how crucial local factors are. Whether you’re a first-time buyer or a seasoned homeowner, we’ll help you navigate London’s real estate market and secure a mortgage that fits your life.
Source: Sagen Housing Market Updates
Genesis Group: Your Trusted Partner in London Ontario’s Housing Scene.
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