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York Region, Ontario Updated June 8, 2026

Best Mortgage Rates in
Aurora

Premium York Region suburb with heritage charm

🏠
Avg. Home Price $1,280,000 -2.6% YoY
🏢
Avg. Condo Price $640,000
📅
Days on Market 30
Best 5-Yr Fixed 4.04%
📊 Rate Comparison

Compare Mortgage Rates in Aurora

Updated June 8, 2026

Today's Best Mortgage Rates

Compare discounted rates from Canada's top lenders. These are actual rates you can get - not posted bank rates.

Featured Mortgage Rates

Best discounted rates available today – sorted by lowest rate

Term Lender Best Rate
2-Year Fixed National Bank 4.24% Get This Rate
7-Year Fixed National Bank 4.54% Get This Rate
1-Year Fixed MCAP 4.69% Get This Rate
10-Year Fixed MCAP 4.69% Get This Rate

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* Rates shown are discounted rates for insured mortgages. Rates may vary based on credit profile, down payment, and property type. Subject to change without notice. OAC.

🏙️ Market Overview

Aurora Mortgage Market Overview 2026

Aurora is one of York Region's most charming communities, blending heritage downtown character with modern suburban living. At $1,280,000 average, it offers slightly better value than Richmond Hill while delivering excellent schools and community amenities. The town's trail system, cultural center, and close-knit community feel attract families seeking quality over quantity. Most purchases require jumbo mortgages with 20% down.
💡 Local Insights

Mortgage Tips for Aurora Buyers

Expert advice tailored to the local Aurora real estate market.

First-Time Buyers

Aurora condos near Yonge and Wellington offer entry to York Region at more accessible prices.

Min. down payment: $64,000 (5% of avg. price)

Refinancing

Aurora's premium appreciation history supports strong refinancing strategies.

Investment Property

Limited rental supply in Aurora commands premium rents from families.

Ready to buy in Aurora?

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📍 Neighborhoods

Popular Areas in Aurora

Aurora Village
Bayview Northeast
Aurora Highlands
St. Andrew's
Aurora Grove
Henderson
🏦 Local Lenders

Top Mortgage Lenders in Aurora

We compare rates from these and 50+ other lenders to find you the best deal.

TD Canada Trust
RBC
Meridian Credit Union
DUCA
❓ FAQ

Frequently Asked Questions About Mortgages in Aurora

How does Aurora compare to Newmarket?

Aurora carries a $200,000-$300,000 premium over Newmarket, reflecting its more established neighborhoods and proximity to Richmond Hill/Toronto. Both offer strong schools and GO Transit access.

Get the Best Mortgage Rate in Aurora

Work with a local mortgage expert who understands the Aurora market. We compare rates from 50+ lenders to save you thousands.

✓ Free, no-obligation quote ✓ No credit impact ✓ 50+ lenders compared

Verico MortgagePal Inc, Mortgage Brokerage Lic#12685. Regulated by the Financial Services Regulatory Authority of Ontario (FSRA).