Currently, Home Mortgage Ontario can provide mortgages for home purchases at 2.99% fixed for a 5-year term, if your closing date is within 45 days!
While most big banks are offering 5-year mortgage rates of almost 4% and higher, this is a great opportunity to save your family thousands in interest over your 5-year term!
Comparing 5-Year Fixed Rates at the Big Banks
Here are current posted 5-year fixed mortgage rates at the big banks as of Friday July 20th, 2012. Feel free to click on the bank of your choice to be directed to their online posted rates to be as up-to-date as possible.
| Big Banks & Mortgage Broker | 5-Year Fixed Posted Rate |
| Home Mortgage Ontario | 2.99% |
| BMO | 3.29% (Promotional Rate) |
| CIBC | 3.94% (Promotional Rate) |
| RBC | 5.24% |
| Scotia | 4.99% |
| TD | 5.24% |
Apply to be Preapproved Online Anywhere in Ontario
Similar to how the big bank posted rates are applicable anywhere in Ontario, our Home Mortgage Ontario rates apply across the province as well!
Remember – A pre approval and full financial analysis with Home Mortgage Ontario is completely free of charge and there is never an obligation to follow through with your mortgage financing with us. But, why not receive great customer service and the best mortgage rates offered in Ontario?
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