current mortgage rates canada

current mortgage rates ontario

3 Mortgage Rates Moves Saving Families $30k

Ontario’s 30-year fixed mortgage rate fell to 6.30% on May 1 2026, a 0.2-point dip below the Canadian average, which can translate into up to $30,000 in savings over a 30-year loan. The decline follows the Bank of Canada’s recent rate pause and reflects tighter

current mortgage rates canada

Credit Score 680 vs 720 Mortgage Rates Unveiled

A credit score of 720 typically secures a mortgage rate about 0.20% lower than a score of 680, which can save roughly $15,000 on a $500,000 30-year loan. The difference stems from lenders rewarding lower risk with tighter pricing. Understanding this gap helps borrowers target the most