Current Mortgage Rates in Ontario
View current posted mortgage rate information and compare estimated monthly payments per $100,000 of mortgage amount.
Rate feed last checked: Jul 1, 2026, 9:30 p.m.
HopeWell Mortgages • Ontario Mortgage Brokerage FSRA Lic. #13783
Current Rates
These rates are shown for general information only. Payment examples are calculated per $100,000 using semi-annual compounding and a 30-year amortization.
Current Variable Mortgage Rate
3.70%
Current Prime Rate
4.45%
Last Updated
May 1, 2025
HopeWell Mortgages
Current Posted Rates
Payment examples shown per $100,000 of mortgage amount.
| Terms | Bank Rates | Payment per $100K | Our Rates | Payment per $100K | Savings |
|---|---|---|---|---|---|
| 6 Months | 7.89% | $717.33 | 4.59% | $509.46 | $207.87 |
| 1 Year | 6.15% | $604.23 | 4.59% | $509.46 | $94.76 |
| 2 Years | 5.44% | $560.24 | 4.39% | $497.83 | $62.41 |
| 3 Years | 4.62% | $511.22 | 4.34% | $494.95 | $16.27 |
| 4 Years | 6.01% | $595.45 | 4.39% | $497.83 | $97.61 |
| 5 Years | 4.56% | $507.71 | 4.39% | $497.83 | $9.88 |
| 7 Years | 6.41% | $620.67 | 4.59% | $509.46 | $111.21 |
| 10 Years | 6.81% | $646.30 | 4.59% | $509.46 | $136.83 |
Important payment and rate disclosure
Payment examples are estimates only and are calculated per $100,000 of mortgage amount using the stated annual rate, semi-annual compounding, monthly payments, and a 30-year amortization. Actual payments, rates, terms, fees, penalties, prepayment privileges, qualification requirements, and lender conditions may differ. Rates are subject to change without notice and are not a mortgage approval, commitment, or guarantee. Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. *O.A.C. E.& O.E.
HopeWell Mortgages
Rate is only one part of the mortgage decision.
The right mortgage also depends on payment stability, penalties, prepayment privileges, closing timeline, property type, credit, income, lender conditions, and your exit strategy.