Mortgage rates in Ottawa can change quickly—secure yours up to 120 days (varies by lender). Whether you’re buying, renewing, or refinancing, we’ll ensure you lock in a competitive rate with expert advice for your next mortgage. Don’t wait—your savings journey starts here!
Best Mortgage Rates in Ottawa
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 Ottawa
| Mortgage Term | Rates From | Payments | |
|---|---|---|---|
| 6 Month Fixed | 2.99% | $2,368/mo | |
|
Rate Range: 2.99% - 5.50% |
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| 1 Year Fixed | 5.79% | $3,157/mo | |
|
Rate Range: 5.79% |
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| 2 Year Fixed | 4.84% | $2,876/mo | |
|
Rate Range: 4.84% |
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| 3 Year Fixed | 3.99% | $2,627/mo | |
|
Rate Range: 3.99% |
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| 4 Year Fixed | 4.59% | $2,804/mo | |
|
Rate Range: 4.59% |
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| 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% |
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| 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 Ottawa Today – Guaranteed
Experience unmatched savings with Genesis Group. Let us secure your best rate and help you save thousands.
Mortgage Rates Ottawa – The Genesis Group
Find the Best Mortgage Rates in Ottawa with Genesis Group
Getting a low mortgage rate in Ottawa can help you save thousands. Our award-winning Genesis Group has over 12 years of experience doing just that. Many of our clients save more than $3,000, and sometimes up to $15,000 or beyond, based on their unique scenario.
Our high-volume approach gives us the power to negotiate special discounts—even with your current bank. On average, we’ve delivered rates around 0.20% lower than many big banks and other competitors.
Why Choose Genesis Group?
From first-time homebuyers to vacation or investment properties, to refinancing or renewals, our award-winning brokers bring:
- Access to 65+ lenders all in one place.
- Personalized solutions for your specific goals.
- Friendly expertise that saves you time and money.
Complex Mortgage Needs? We’ve Got You Covered
When your financial situation doesn’t fit the typical big-bank box, we have flexible, short-term mortgage solutions. These can help with debt consolidation, tapping into home equity, or tackling any unusual financial puzzle. Let us simplify the process, so you can breathe easier.
What Impacts Your Mortgage Rate?
Common factors include:
- Down Payment vs. Mortgage Size
- Credit Score & History
- Timeline & Loan Type
Our specialists will explain it all, answer your questions, and help you make smart choices that could save you thousands over the life of your loan.
Talk to Us Today
At Genesis Group, your success matters most. Whether you reach out by phone, visit us in person, or apply online, we’ll guide you to the best mortgage rates in Ottawa.
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.
Ottawa’s Housing Market: Overcoming Challenges & Grabbing Opportunities with Genesis Group
Ottawa, our nation’s capital, is known for its stable economy and strong government presence. But with rising home prices, it can be tough to find the right property. New builds face ongoing hurdles, and buyer demand stays high—meaning mortgages matter more than ever.
In October 2024, Ottawa’s real estate market grew by 39.3% in sales year-over-year, with a 14% boost from last month. While that’s still somewhat below the 10-year average, it shows a city eager for housing. Listings went up 3.1% over last year, but that isn’t enough to keep pace with demand, pushing total inventory down to 3.1 months from 3.9 in September.
Housing Affordability Remains a Hurdle
Ottawa remains less costly than some other major Canadian cities, but prices are still challenging. The average home price climbed 3.1% year-over-year, reaching around $887,000—up from $869,000 the month before.
- Orleans: Up 4.5%
- Kanata: Up 3.8%
- Barrhaven: Up 3.3%
What’s Next for Ottawa’s Housing Scene?
Experts believe interest rates might go down in 2025, improving monthly payments for some. However, the upcoming wave of mortgage renewals could shift the market again, potentially creating more listings around Spring 2025.
At Genesis Group, we understand Ottawa’s unique dynamics. Whether you’re a first-time buyer, upgrading to a bigger place, or renewing your mortgage, we’ll guide you through each step with solutions made just for you.
Source: Sagen Housing Market Updates
Genesis Group: Your Trusted Ally in Ottawa’s Ever-Changing Housing Market.
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