Compare Current Mortgage Rates in Ontario and Loan Options at Rateswise

Unlock Your Borrowing Power, Get The Lowest Mortgage Rates In Ontario

Rateswise shop for you to find the lowest mortgage rate from 50+ lending partners in Ontario. Focus on what matters while we lock in the best deal for you.

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Today's best mortgage rates

Check out the current mortgage rates available in the market, the best fixed/ variable rate to help you buy your dream home at a reasonable price.

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5 Years Fixed
4.49%
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5 Years Fixed
4.54%
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5 Years Fixed
4.54%
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5 Years Fixed
4.94%

How we save you money (it's free)

We search for the best mortgage rates and provide customized mortgage options to save you money. With the help of our expertise, you can reduce total costs by securing favorable terms and avoiding costly mistakes.

Your Path to Financial Freedom

We offer a simple three-step process to help you secure the best mortgage rates, pay off debt, set a path toward lasting financial success, and achieve financial freedom.

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Click
Choose if you're renewing, renovating, or purchasing, then enter a few details. This process is quick, confidential, and free.
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Shop
Rateswise gets to work right away, comparing quotations from more than 50 reliable partners to identify the best choices for you. No commitment, fees, or trouble.
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Save
When Rateswise offers a suitable option, you’ll be connected to a licensed brokerage to finalize your choice.
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You Saved us Thousands Thank You!

Find out how Rateswise changed clients’ financial profiles and removed debt while securing the most competitive mortgage rates.

Saved Us
Emily Johnson
★★★★★
Rateswise helped me find a better mortgage rate than my own bank, and I ended up saving thousands. They didn’t pressure me, just laid out the best options to me, and the one I picked made way more sense than what my bank offered.
Saved Us
Michael Anderson
★★★★★
I was honestly overwhelmed by the mortgage process, the terms, the paperwork, everything. Rateswise made everything simple and clear. Super helpful team!
Saved Us
Jessica Taylor
★★★★★
Honestly, I didn’t think I’d qualify. But Rateswise made it happen, and now I’m a homeowner. Grateful!
Saved Us
Brian Mitchel
★★★★★
As a first-time homebuyer, I had zero clue what I was doing. Rateswise broke everything down for me, showed me what I could actually afford, and helped me lock in the best rate. Can’t thank them enough.
Saved Us
Darren Smith
★★★★★
I’d been shopping around for months. Rateswise had the most competitive rates and gave me real comparisons. I ended up saving 0.4% on my mortgage rate, which is a big deal long-term.
Saved Us
Olivia Davis
★★★★★
What I liked most? It didn’t feel like they were trying to sell me something. They actually helped me understand the fine print, and that’s rare.
Saved Us
Joshua White
★★★★★
I thought all mortgage rates were pretty much the same, but wow, I was wrong. Rateswise showed me how much they actually vary between lenders. They explained hidden fees, prepayment penalties, and even helped me understand how to negotiate a better deal. The lender I picked gave me an awesome rate, and I knew exactly what I was signing up for.
Saved Us
Samantha Lee
★★★★★
We were on the fence about going fixed or variable. After reading their blog and speaking with an expert, we felt way more confident going fixed for 5 years. Glad we did because rates went up a month later.
Saved Us
Ryan Thompson
★★★★★
I didn’t know where to start, honestly, every lender seemed to say they had the best rate. But Rateswise actually compared them side by side based on my credit score and income. They explained why certain rates were better for my situation and even helped me connect with a lender who approved me within two days. I probably wouldn’t have even found that lender on my own.
Saved Us
Christopher Wright
★★★★★
I was paying way too much on my HELOC. Rateswise showed me options to refinance, and I lowered my rate without changing lenders.

We Love to help

Have a questions? Here is a list of questions our users frequently ask.

Rateswise.com provides the best mortgage rates based on its users' profiles and needs. Our clients benefit from some of the greatest mortgage brokerages in Canada as well as hassle-free rate comparisons. We search and offer deals from our 50+ lending partners that are the perfect fit for your needs.

To make sure you receive the right fit the first time, Rateswise is always meeting with potential partners, examining rate-based websites, and expanding its product database.

For centuries we’ve been conditioned to just ‘take the bank's word for it’, but with the growing wealth of information available to consumers these days, it just makes sense to compare the marketplace before you sign. The days of driving from bank to bank filling out applications and having to wait for days or worse, weeks, for approval, are long gone. RatesWise leverages relationships and technology to speed up the process, find you a few of the best options on the current market, and help you connect with the right people.

It is free to compare mortgage rates with Rateswise. There are no fees associated with assessing and comparing rates. You can easily and for free locate the best solutions with Rateswise.

Our data collectors have access to a wide range of lenders, brokerages, and other important partners who have generously shared their rates and other program details.

Once you are armed with the information, you are better informed and that is why we think a better-informed homeowner is the key to success.

Users can utilize our services for free, period. Referral agreements with our partners allow them to pay RatesWise a fee each time a client is referred to them. Our lenders and brokerage relationships are something we take seriously, take great steps to verify their offers, and ensure they align with our policies.

Rateswise respects your privacy and makes sure that your personal information is secured using security encryption techniques. We only share your enquiry with reputable lenders to give you the best mortgage rates. Your privacy is protected as we never disclose your information to any parties.