Dominion Lending Centres is the nation’s leading mortgage company with more than 2,800 mortgage brokers offering free expert advice across Canada – taking the hassle out of the mortgage process and simplifying your life.
With access to more than 230 lending institutions, including big banks, credit unions and trust companies, our licensed team of mortgage professionals is familiar with a vast array of available mortgage products – ranging from first-time homebuyer programs to financing for the self-employed to financing for those with credit blemishes.
Latest News
3 Jun 2020
Bank of Canada Holds Rates Steady
Blog Posts, Chief Economist, News
Bank of Canada Takes A More Positive Tone On the heels of a devastating decline in the Canadian economy, the Bank of Canada suggested today that the worst of the pandemic’s negative impact on the global economy is behind us, conceding, however, that uncertainty remains high. The Bank today maintained its target overnight rate at 0.25%. Read More
29 May 2020
Lockdowns Hit Canadian Q1 GDP
Blog Posts, Chief Economist, News
Near-Record Decline in Q1 GDP Better Than Flash Estimate The hand-wringing about the Q1 GDP data released today misses the point that the data were actually better than expected. The Canadian economy declined at an 8.2% annualized rate in the first quarter, less harsh than the earlier estimate by StatsCan of -10%. Of course, every sector of Read More
22 May 2020
Why does CMHC’s Evan Siddall think Canada is headed for a ‘deferral cliff’?
Blog Posts, Chief Economist, News
In comments delivered to the Standing Committee on Finance on Tuesday, Canadian Mortgage and Housing Corporation CEO Evan Siddall laid out a potentially bleak scenario for the country’s homeowners. Siddall told parliamentarians that by September, if Canada’s economic recovery fails to generate enough momentum, 20 percent of mortgages could be in arrears. “A team is at Read More
15 May 2020
Canadian Home Sales and New Listings Plunge in April
Blog Posts, Chief Economist, News
Record Declines in Canadian Home Sales and Listings in April The pandemic shutdown has put every sector of the economy into a medically induced coma, so, of course, the housing sector is no exception. Data released this morning from the Canadian Real Estate Association (CREA) showed national home sales fell a record 56.8% in April, compared Read More
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Current Rates
CURRENT VARIABLE MORTGAGE RATE IS
2.15 %
CURRENT PRIME RATE IS
2.45 %
-
- Terms
- Bank Rates
- Payment Per $100K
- Our Rates
- Payment Per $100K
- Savings
- 6 Months
- 3.34 %
- $490.86
- 3.30%
- $488.77
- $2.09
- 1 Year
- 3.44 %
- $496.11
- 2.49%
- $447.47
- $48.64
- 2 Years
- 3.54 %
- $501.38
- 2.49%
- $447.47
- $53.92
- 3 Years
- 3.89 %
- $520.07
- 2.49%
- $447.47
- $72.61
- 4 Years
- 3.94 %
- $522.77
- 2.49%
- $447.47
- $75.30
- 5 Years
- 4.99 %
- $581.04
- 2.39%
- $442.51
- $138.53
- 7 Years
- 5.80 %
- $627.97
- 3.24%
- $485.65
- $142.32
- 10 Years
- 6.10 %
- $645.76
- 3.55%
- $501.91
- $143.85
Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. Posted rates may be high ratio and/or quick close which can differ from conventional rates. *O.A.C. E. & O.E.
