Best Mortgage Rates in Barrie
Barrie mortgage rates are quite competitive in comparison to the rest of Canada thanks to a growing population and the city’s proximity to Toronto. The following are the lowest rates from providers with offices in or near this central Ontario city. For options outside of Barrie’s borders, check the best rates in Ontario.
Barrie Mortgage Rates
City in Brief: Located on the western shore of Lake Simcoe, Barrie is one of Canada’s fastest growing cities thanks to its proximity (90 km) north of Toronto. From 2001 to 2011 the city’s population surged from 104,000 to more than 136,000. To meet the development pressures on the city’s existing boundary, Barrie annexed more than 9 square kilometres from the Town of Innisfil at its southern boundary.
Population: 141,434(Source: StatsCan census, 2016)
Average Home Value: $532.020 (as of September 2017; Source: CREA)
Home Price Change (year-over-year): 23.1%
Minimum Down Payment: $28,202 (based on average home price)
* Note: This page lists lenders with branches in the city and mortgage brokers with registered offices in the city. For a full list of mortgage providers in the province, check the Best Mortgage Rates Ontario page. (Image source: Wikipedia)