Mortgage rates change with the market — sometimes daily. The rate you are offered depends on your situation, the type of mortgage, the term you choose, and the lender. That is why we do not publish a single rate on this page: the best way to find out what rate you can get today is to ask us.
How to get today’s rate
Call 647-895-1016 or apply online, and we will check current rates across our lenders for your situation — whether you are buying, refinancing, or renewing. There is no cost and no obligation to find out where you stand.
What affects your rate
- Fixed or variable: fixed rates stay the same for your term; variable rates move with the prime rate.
- Term length: shorter and longer terms are priced differently.
- Down payment and purchase price: how much you put down can change the rate and whether mortgage default insurance is required.
- Credit and income: your credit history and income affect which lenders and rates are available to you.
- Property type and use: a home you live in, a rental, or a condo can be priced differently.
- Amortization: the length of time over which the mortgage is repaid affects your payments.
A rate is only part of the picture. We also look at prepayment options, penalties, portability, and other features, so the mortgage you choose fits your plans — not just today’s rate.
Prefer to talk? Call 647-895-1016. WRVB Investment Corp. — Mortgage Brokerage Licence #13678.