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
16 Jul 2019
What is a mortgage “refinance” and how does it affect me?
Refinancing a Home is one of those things where people understand what it is but have trouble explaining How it works. To put it simply, refinancing your Home allows you to access the equity you have built up, by changing the mortgage amount. Let’s say you bought a $300,000 condo and you paid 20% ($60,000) Read More
15 Jul 2019
June Home Sales Stopped Deteriorating in Three Western Provinces
Blog Posts, Chief Economist, News
Statistics released late last week by the Canadian Real Estate Association (CREA) show that national home sales were little changed in June following gains in the prior three months. Housing activity remains well below levels recorded over much of 2015-2017–the boom years. As the chart below shows, national sales have moved up to close to Read More
12 Jul 2019
5 ways you could use a CHIP Reverse Mortgage
Reverse mortgages are continuing to grow as a retirement solution for Canadians 55+. Homeowners 55+ are unlocking their home equity for tax-free funds that improve their cashflow and pay-off higher interest loans. Consider your own financial needs. Do any of these 5 common scenarios sound familiar? 1) You have missed a payment/made a late payment. Read More
10 Jul 2019
Bank of Canada Maintains Overnight Rate and Raises 2019 Forecast
Blog Posts, Chief Economist, News
The Bank of Canada held the target overnight rate at 1.75% for the sixth consecutive decision and showed little willingness to ease monetary policy, as stronger domestic growth offsets the risk of mounting global trade tensions. There has been ongoing speculation that the Bank of Canada would be pushed into cutting interest rates by the Read More
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Current Rates
CURRENT VARIABLE MORTGAGE RATE IS
2.95 %
CURRENT PRIME RATE IS
3.95 %
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- 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
- 3.59 %
- $504.03
- 3.29%
- $488.25
- $15.78
- 2 Years
- 3.74 %
- $512.02
- 3.14%
- $480.46
- $31.56
- 3 Years
- 3.89 %
- $520.07
- 2.89%
- $467.62
- $52.45
- 4 Years
- 3.94 %
- $522.77
- 3.14%
- $480.46
- $42.31
- 5 Years
- 5.34 %
- $601.11
- 2.97%
- $471.71
- $129.40
- 7 Years
- 5.80 %
- $627.97
- 3.69%
- $509.35
- $118.62
- 10 Years
- 6.10 %
- $645.76
- 3.85%
- $517.92
- $127.84
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.
