London Mortgage Rates
As of September 26, 2023 at 5:37 PM ET
WOWA Trusted and Transparent
Lowest Mortgage Rates in London
As of September 26, 2023
| Term | ||||
|---|---|---|---|---|
London Housing Market Overview (August 2023)
| August 2023 | London Housing Market |
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| Average Home Price | - |
| Monthly Change | - |
| Yearly Change | - |
| Average Home Price | Monthly Change | Yearly Change |
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| - | - | - |
Current Mortgage Rates in London
As of September 26, 2023 at 5:37 PM ET
Mortgage TermMortgage Term
Mortgage TypeMortgage Type
Mortgage AmountAmount
Home Value
Amortization
Years
Occupancy
Mortgage TermMortgage Term
Mortgage TypeMortgage Type
| Lenders | Insured Rates | Fixed | Variable | # of Branches | Main Branches |
|---|---|---|---|---|---|
What are the best mortgage rates in London-ontario?
As of September 26, 2023,
- The best 1-year fixed insured mortgage rate is 6.64%, which is offered by Butler Mortgage
- The best 2-year fixed insured mortgage rate is 6.24%, which is offered by 6ix Mortgage Group
- The best 3-year fixed insured mortgage rate is 5.64%, which is offered by 6ix Mortgage Group
- The best 4-year fixed insured mortgage rate is 5.64%, which is offered by Pine
- The best 5-year fixed insured mortgage rate is 5.34%, which is offered by 6ix Mortgage Group
- The best 10-year fixed insured mortgage rate is 6.20%, which is offered by Mortgage Alliance
- The best 5-year variable insured mortgage rate is 5.90%, which is offered by Butler Mortgage
London at a Glance
The City of London is located in Middlesex County and is home to over 422K residents. The population of London increased by 10% from 2016 to 2021. London real estate prices have increased by 7% from June 2021 to June 2022 with the average sold price of a house in London being $686K in June 2022. Over the past few years, Greater Toronto Area residents have been moving to London, and the low case count of COVID-19 cases in London throughout the 2020 pandemic have made the London real estate market even more attractive to Torontonians. Many properties being sold on the London real estate market now receive multiple offers, which has increased the cost of real estate in the City of London.
Lender Information
| Lender | Number of Locations | Mortgage Inquiry Phone # |
|---|---|---|
| Alterna Savings | Alterna Savings has no branches in London. | 1-877-560-0100 |
| BMO | BMO has 13 branches in London. | General Inquiries- 1-844-837-9228 |
| Caisse Alliance | Caisse Alliance has no branches in London | No Direct Number |
| Canada Life | Canada Life has no branches in London | No Direct Number |
| Canadian Western | Canadian Western Bank has no branches in London. | No Direct Number |
| CIBC | CIBC has 11 branches in London. | 1-866-525-8622 |
| CMLS | CMLS Financial has no branches in London. | 1-888-995-2657 |
| Desjardins | Desjardins has no branches in London. | 1-844-626-2476 |
| Dominion Lending | N/A | |
| DUCA | DUCA Credit Union has no branches in London. | 1-866-900-3822 |
| Equitable | Equitable Bank is a digital bank and has no branches in London. | 1-888-334-3313 |
| First National | First National has no branches in London. | No Direct Number |
| First Ontario | First Ontario Credit Union has no branches in London. | General Inquiries: 1-800-616-8878 |
| HSBC | HSBC has 1 branch in London | General Inquiries: 1-888-310-4722 |
| ICICI | ICICI Bank has no branches in London. | No Direct Number |
| Investors Group | Investors Group has 2 branches in London. | No Direct Number |
| Kawartha Credit Union | Kawartha Credit Union has no branches in London. | Contact Centre: 1-855-670-0510 |
| Laurentian | Laurentian Bank has no branches in London. | 1-866-522-4655 |
| Manulife | Manulife Bank has no branches in London. | 1-877-765-2265 |
| MCAP | MCAP has no branches in London. | 1-800-265-2624 |
| Meridian | Meridian has 1 branch in London. | 1-866-592-2226 |
| Mortgage Alliance | N/A | |
| motusbank | MotusBank is a digital bank and has no branches in London. | 1-833-696-6887 |
| National Bank | National Bank has 2 branches in London. | 1-855-755-9533 (Option 4) |
| Northern Birch | Northern Birch Credit Union has no branches in London | No Direct Number |
| QuestMortgage | N/A | |
| Rapport | Rapport Credit Union has no branches in London | No Direct Number |
| RateHub/Canwise | N/A | |
| RBC | RBC has 11 branches in London. | 1-800-769-2511 |
| Scotiabank | Scotiabank has 12 branches in London. | 1-877-303-8879 |
| Simplii Financial | Simplii Financial is a digital bank and has no branches in London. | 1-888-866-0866 |
| Tangerine | Tangerine Bank has no branches in London. | 1-888-826-4374 |
| TD | TD Bank has 15 branches in London. | 1-800-722-3098 |
| YNCU | YNCU has 1 branch in London | No Direct Number |
This calculator is provided for general information purposes only. WOWA does not guarantee the accuracy of the information shown and is not responsible for any consequence that arise from the use of the calculator and its results. Any financing products shown are subject to terms and conditions and may not be available in certain regions.