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Compare mortgage rates in Oakville.

For Oakville homebuyers, we have great news to deliver this year: high home prices continue to be offset by very, very low mortgage rates. In fact, Oakville mortgage rates are near record lows, so now is a great time to apply for a mortgage or renew the one you already have. You can find all the best Oakville mortgage offers right here at

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Oakville housing.

With GTA home prices surging over the past four years, it’s no surprise that housing in Oakville is becoming more expensive. Low mortgage rates and a thriving local economy are stoking demand across all housing categories in the city and in all neighbourhoods, from Old Oakville to Eastlake to Bronte West. In 2016, Oakville home prices posted staggering gains, averaging $1,032,974 in the third quarter, up by nearly $200,000 from the same time last year.

Average Home Prices in Oakville.

DateHome Prices

About Oakville.

Located along the southern end of Lake Ontario, Oakville is just 35 minutes from downtown Toronto and an hour from Niagara Falls. The residents are generally affluent, well-educated, and younger than the Canadian average, with many commuting into Toronto throughout the work week.

Add it all up and Oakville is undeniably a great place to live, work, and play, which is why the city often ranks at or near the top of the various ‘best places to live in Canada’ rankings that come out each year. In 2016, Oakville was named the third best Canadian city to live in by MoneySense Magazine.

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