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Current
Rates

*OAC - RATES SUBJECT TO CHANGE
WITHOUT NOTICE

2.24%

5 YEAR FIXED

2.05%

5 YEAR VARIABLE

Covid-19 Update

Londoners! We are still offering all of our services remotely during this period of social distancing.

If you are in need of a mortgage renewal, refinancing, pre-approval or obtaining a new mortgage we are equipped to handle the transaction electronically.

Please Call 226-785-0495 or email with any questions or concerns.

Our Exclusive Mortgage Rates

Here is our latest fixed rate mortgages and variable rate mortgages for Southwestern Ontario from your local London Mortgage Brokers.

Mortgage TermRate
1 Year Fixed3.19%
2 Year Fixed3.09%
3 Year Fixed2.79%
4 Year Fixed2.99%
5 Year Fixed2.24%
5 Year Variable2.05%

As of MAy 20, 2020.

Mortgages Made Simple

Lowest Rates in the Region

As mortgage brokers, we shop around for you.  We reach out to our network of over 35 lenders to find the best mortgage rates and terms.

Guaranteed Rates

Once you are pre-approved, we lock in your rate for up to 120 days.  Giving you flexibility to find your next home or investment.

Trusted  Brokers

With over 20+ years of combined experience.  Dani & Ken have secured thousands of mortgages for London residents over the past decade and will be there when it comes time to renew your mortgage.

Free Appraisal

Most properties now require an appraisal to secure your mortgage.  With Dani & Ken, we cover the cost of your appraisal when you close your mortgage with RMA.

 

Your Mortgage Brokers

Helping home buyers find their dream home for 20+ years!

Ken Roberts, Mortgage Broker

Ken Roberts

Mortgage Broker
M08003463

ken@themortgagefirm.ca

Dani Hanna, Mortgage Broker

Dani Hanna

Mortgage Broker
M10000357

dani@themortgagefirm.ca

Apply Online

Take the first step towards securing your mortgage. It’s easy! Let us know a bit about your unique needs and circumstances by filling out the form below. Once we’ve received your information, we can determine which mortgage options are best aligned with your goals and create a plan for next steps. If you would prefer to book an appointment or get started over the phone, please call 226-785-0495.

Fixed Rate Mortgage vs. Variable Rate Mortgage

To decide between a variable rate vs. fixed rate mortgage, you’ll need to assess a number of personal factors, as well as current market conditions. Our team is always here to help discuss which option is best for your unique circumstance.

Fixed Rate Mortgages

A fixed rate mortgage means that your mortgage rate given by your lender remains constant throughout the term of your mortgage. Five year mortgage terms are fairly common in Ontario, so this means that your mortgage rate will stay the same for the 5 year lifecycle of your term, until it’s up for renewal.

Variable Rate Mortgages

Variable rate mortgages can change based on market fluctuations – usually dictated by the Prime Rate set by the Bank of Canada. Variable rate mortgages often offer greater flexibility for homeowners, and generally work well for homeowners looking to pay off their mortgages more quickly.