How to get the best interest rates for your mortgage.

To obtain a low-rate mortgage in Ontario, you could consider the following steps:

1. Shop around: Get quotes from multiple banks, credit unions, and mortgage brokers to compare rates and terms. Metrics Financial Mortgage Brokerage can help you with this process.

2. Improve your credit score: A good credit score can help you secure a better mortgage rate. Consider checking your credit report and addressing any errors or issues before applying for a mortgage.

3. Consider a fixed-rate mortgage: Fixed-rate mortgages offer stability and can be a good option for those who want to lock in a low rate for the life of the loan.

4. Consider a shorter loan term: Shorter loan terms typically have lower interest rates.

5. Make a larger down payment: A larger down payment can help lower your mortgage rate, as the lender will have less money at risk.

6. Work with a mortgage broker: A mortgage broker can help you find the best mortgage products and rates available based on your specific financial situation.

Keep in mind that interest rates can vary greatly depending on your credit score, down payment, loan term, and other factors, so it's important to compare offers and choose the one that best fits your needs.