*OAC - RATES SUBJECT TO CHANGE
5 YEAR FIXED
5 YEAR VARIABLE
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.
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.
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.
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.
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
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.
Our Exclusive Mortgage Rates
Here is our latest fixed rate mortgages and variable rate mortgages for Southwestern Ontario from your local London Mortgage Brokers.
|1 Year Fixed||3.19%|
|2 Year Fixed||3.09%|
|3 Year Fixed||2.79%|
|4 Year Fixed||2.99%|
|5 Year Fixed||1.69%|
|5 Year Variable||1.85%|
As of September 1, 2020.
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.