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
20 Nov 2018
Mortgage Interest Rate Tiers
Since we know that lenders can back-end insure our mortgages (please read our Mortgage Insurance Market and Wholesale Lenders article first), and that this specifically makes these mortgage investments more attractive to investors, what does it mean for borrowers (every day people like you and me)? To recap, any mortgage that is inexpensive for a Read More
16 Nov 2018
4 Facts About Using a Guarantor
A Guarantor, when it comes to mortgages, is exactly what it sounds like—they “Guarantee” the mortgage for another person if they are unable to pay back the loan. Guarantor’s or co-signers are often used if someone has: • Damaged or poor credit • Insufficient income In most cases, someone with poor credit and/or insufficient income Read More
15 Nov 2018
Canadian Home Sales Weakened In October
Blog Posts, Chief Economist, News
Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales declined for the second consecutive month in October, edging back by 1.6% month-over-month (m/m) and down 3.7% from year-ago levels. Year-over-year sales in October are now about in line with their 10-year monthly average (see chart below). Existing home sales Read More
15 Nov 2018
Pre-Approved for Your Mortgage… What Does that Really Mean?
There is a myth out there that once you’re pre-approved for a mortgage, you’re good to go out and buy a home… with a no subject offer… DON’T do it! A pre-approval means that based on being able to PROVE (through documentation) your CURRENT income, expenses, down payment and credit bureau you SHOULD be able Read More
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Current Rates
CURRENT VARIABLE MORTGAGE RATE IS
2.85 %
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
- 3.49%
- $498.74
- $5.29
- 2 Years
- 3.74 %
- $512.02
- 3.54%
- $501.38
- $10.64
- 3 Years
- 3.89 %
- $520.07
- 3.65%
- $507.22
- $12.85
- 4 Years
- 3.94 %
- $522.77
- 3.64%
- $506.69
- $16.08
- 5 Years
- 5.59 %
- $615.64
- 3.69%
- $509.35
- $106.29
- 7 Years
- 5.80 %
- $627.97
- 4.04%
- $528.19
- $99.78
- 10 Years
- 6.10 %
- $645.76
- 4.14%
- $533.64
- $112.13
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.
