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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: 24 Oct, 2020
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Lender Rate Term Amortization Monthly Payment
Exclusive

Exclusive Lender

1.70% 5 Year, Variable Insured 25 years
Exclusive

Exclusive Lender

1.70% 5 Year, Variable Insured 25 years
RMG Mortgage

RMG Mortgage

1.70% 5 Year, Variable Insured 25 years
Lendwise

Lendwise

1.70% 5 Year, Variable Insured 25 years
MCAP

MCAP

1.70% 5 Year, Variable Insured 25 years
Meridian Credit Union

Meridian Credit Union

1.75% 5 Year, Fixed Insured 25 years
Merix Financial

Merix Financial

1.75% 5 Year, Variable Insured 25 years
First National

First National

1.75% 5 Year, Variable Insured 25 years
ICICI Bank

ICICI Bank

1.75% 5 Year, Variable Insured 25 years
TD Bank

TD Bank

1.75% 5 Year, Variable Insured 25 years
B2B Bank

B2B Bank

1.75% 5 Year, Variable Insured 25 years
CMLS

CMLS

1.75% 5 Year, Variable Insured 25 years
Exclusive

Exclusive Lender

Best overall savings
1.79% 5 Year, Fixed Insured 25 years
Exclusive

Exclusive Lender

1.79% 5 Year, Fixed Insured 25 years
RMG Mortgage

RMG Mortgage

1.79% 5 Year, Fixed Insured 25 years
ICICI Bank

ICICI Bank

1.79% 5 Year, Fixed Insured 25 years
Lendwise

Lendwise

1.79% 5 Year, Fixed Insured 25 years
MCAP

MCAP

Best overall savings
1.79% 5 Year, Fixed Insured 25 years
TD Bank

TD Bank

1.80% 5 Year, Variable Insurable 25 years
TD Bank

TD Bank

1.80% 5 Year, Variable Uninsured 30 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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When it comes to buying a new home in Canada, many individuals are often seen looking for a new home under residential mortgage rates.  These mortgage rates today have hit their lowest mark in Canada...

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