Best Mortgage Rates in Burlington
Like most parts of the Golden Horseshoe, Burlington mortgage rates are below average due to high home prices and a growing population. The following are the lowest rates from lenders in the Burlington area. For providers located across the province, check the best rates in Ontario.
Burlington Mortgage Rates
City in Brief: Burlington is situated along the shores of Lake Ontario and near the geographic centre of the Golden Horseshoe, a densely populated region at the west end of Lake Ontario that more than 8 million people call home. The scenic Niagara Escarpment is located to the north side of the city, which plays host to an array of outdoor recreation activities.
Population: 183,314(Source: StatsCan census, 2016)
Average Home Value: $549,395(as of September 2017; Source: CREA)
Home Price Change (year-over-year): 8.5%
Minimum Down Payment: $29,939 (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)