Best Mortgage Rates in Sarnia
Sarnia Mortgage Rates
City in Brief: Sarnia is situated in Southwestern Ontario at the southern tip of Lake Huron where the lake drains into the St. Claire River. The discovery of oil in the region shaped the city’s history and led to the enormous growth of its petroleum industry. An area just south of downtown Sarnia known as “Chemical Valley” is home to a collection of refining and chemical companies. Pipelines from Alberta transport crude oil to the city’s refineries operated by Shell Canada, Imperial Oil and Suncor Energy.
Population: 71,594 (Source: StatsCan census, 2016)
Average Home Value: $265,000 (as of September 2017; Source: CREA)
Home Price Change (year-over-year): 3.9%
Minimum Down Payment: $13,2505 (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)