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Mississauga Housing Market

Because Mississauga is so close to Toronto, it was affected similarly by the rise and fall of housing prices in 2017. As a result, housing prices are down from last year by as much as 19%, but are still up slightly from the end of 2016. Housing prices are expected to remain steady or fall slightly by the end of 2018.

Last Updated: 19 Feb, 2019
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Lender Rate Term Amortization Monthly Payment
Meridian Credit Union

Meridian Credit Union

2.90% 5 Year, Variable Insured 25 years
Right Mortgage

Right Mortgage

2.95% 5 Year, Variable Insured 25 years
B2B Bank

B2B Bank

2.95% 5 Year, Variable Insured 25 years
RMG Mortgage

RMG Mortgage

2.95% 5 Year, Variable Insured 25 years
Lendwise

Lendwise

2.95% 5 Year, Variable Insured 25 years
CMLS

CMLS

2.95% 5 Year, Variable Insured 25 years
CMLS

CMLS

2.95% 5 Year, Variable Insurable 25 years
Exclusive

Exclusive Lender

2.95% 5 Year, Variable Insured 25 years
Marathon Mortgage

Marathon Mortgage

2.95% 5 Year, Variable Insured 25 years
MCAP

MCAP

2.95% 5 Year, Variable Insured 25 years
Street Capital

Street Capital

2.95% 5 Year, Variable Insured 25 years
Exclusive

Exclusive Lender

2.95% 5 Year, Variable Insured 25 years
Merix Financial

Merix Financial

2.95% 5 Year, Variable Insured 25 years
First National

First National

2.95% 5 Year, Variable Insured 25 years
Home Trust

Home Trust

3.00% 5 Year, Variable Insured 25 years
Right Mortgage

Right Mortgage

3.00% 5 Year, Variable Insurable 25 years
Right Mortgage

Right Mortgage

3.00% 5 Year, Variable Insurable 25 years
RMG Mortgage

RMG Mortgage

3.00% 5 Year, Variable Insurable 25 years
RMG Mortgage

RMG Mortgage

3.00% 5 Year, Variable Insurable 25 years
Lendwise

Lendwise

3.00% 5 Year, Variable Insurable 25 years
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About Mississauga

Mississauga is a city in Ontario on the shores of Lake Ontario in the Regional Municipality of Peel, bordering Toronto. With a population of 721,599 as of the 2016 census, Mississauga is the sixth-most populous municipality in Canada, third-most in Ontario, and second-most in the Greater Toronto Area. One of Canada’s most diverse cities, Mississauga is a great place for both new Canadians and Canadians looking to work in Toronto without the noise of the big city.

The growth of Mississauga is because of how close it is to Toronto. Home to Toronto Pearson International Airport, Canada's busiest airport, national and international travel is a breeze. The headquarters of many Canadian and multinational corporations are also based near the airport or the downtown core, and Mississauga boasts many job opportunities and is not just a place to live while working in Toronto.

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Your credit score is one of the most important aspects of your mortgage application. Higher credit scores mean lower interest rates. The best mortgage rates in Canada are only available to people with...

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