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
August 2023London Housing Market
Average Home Price-
Monthly Change-
Yearly Change-
Current Mortgage Rates in London
As of September 26, 2023 at 5:37 PM ET
Mortgage Term
Mortgage Type
Amount
Home Value
Amortization
Years
Occupancy
Mortgage Term
Mortgage Type
Lenders

Insured Rates

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 logo Butler Mortgage
  • The best 2-year fixed insured mortgage rate is 6.24%, which is offered by 6ix Mortgage Group logo 6ix Mortgage Group
  • The best 3-year fixed insured mortgage rate is 5.64%, which is offered by 6ix Mortgage Group logo 6ix Mortgage Group
  • The best 4-year fixed insured mortgage rate is 5.64%, which is offered by Pine logo Pine
  • The best 5-year fixed insured mortgage rate is 5.34%, which is offered by 6ix Mortgage Group logo 6ix Mortgage Group
  • The best 10-year fixed insured mortgage rate is 6.20%, which is offered by Mortgage Alliance logo Mortgage Alliance
  • The best 5-year variable insured mortgage rate is 5.90%, which is offered by Butler Mortgage logo 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

LenderNumber of LocationsMortgage Inquiry
Phone #
Alterna SavingsAlterna Savings has no branches in London. 1-877-560-0100
BMOBMO has 13 branches in London.General Inquiries- 1-844-837-9228
Caisse AllianceCaisse Alliance has no branches in LondonNo Direct Number
Canada LifeCanada Life has no branches in LondonNo Direct Number
Canadian WesternCanadian Western Bank has no branches in London.No Direct Number
CIBCCIBC has 11 branches in London.1-866-525-8622
CMLSCMLS Financial has no branches in London.1-888-995-2657
DesjardinsDesjardins has no branches in London.1-844-626-2476
Dominion LendingN/A
DUCADUCA Credit Union has no branches in London.1-866-900-3822
EquitableEquitable Bank is a digital bank and has no branches in London.1-888-334-3313
First NationalFirst National has no branches in London. No Direct Number
First OntarioFirst Ontario Credit Union has no branches in London. General Inquiries: 1-800-616-8878
HSBCHSBC has 1 branch in LondonGeneral Inquiries: 1-888-310-4722
ICICIICICI Bank has no branches in London.No Direct Number
Investors GroupInvestors Group has 2 branches in London.No Direct Number
Kawartha Credit UnionKawartha Credit Union has no branches in London.Contact Centre: 1-855-670-0510
LaurentianLaurentian Bank has no branches in London.1-866-522-4655
ManulifeManulife Bank has no branches in London.1-877-765-2265
MCAPMCAP has no branches in London.1-800-265-2624
MeridianMeridian has 1 branch in London.1-866-592-2226
Mortgage AllianceN/A
motusbankMotusBank is a digital bank and has no branches in London.1-833-696-6887
National BankNational Bank has 2 branches in London.1-855-755-9533 (Option 4)
Northern BirchNorthern Birch Credit Union has no branches in LondonNo Direct Number
QuestMortgageN/A
RapportRapport Credit Union has no branches in LondonNo Direct Number
RateHub/CanwiseN/A
RBCRBC has 11 branches in London.1-800-769-2511
ScotiabankScotiabank has 12 branches in London.1-877-303-8879
Simplii FinancialSimplii Financial is a digital bank and has no branches in London. 1-888-866-0866
TangerineTangerine Bank has no branches in London.1-888-826-4374
TDTD Bank has 15 branches in London.1-800-722-3098
YNCUYNCU has 1 branch in LondonNo 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.