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
6 Jul 2020
Bank of Canada Business Sentiment Lowest Since 2009
Blog Posts, Chief Economist, News
Canadian Business Sentiment Is Negative The Bank of Canada released its Summer Business Outlook Survey (BOS)* this morning, covering an interview period from mid-May to early June. In all provinces and all sectors, the sentiment was hugely negative owing to the impact of the pandemic and falling oil prices. Since the previous survey, conducted before concerns about Read More
30 Jun 2020
Canadian GDP Plunges in April With Modest Uptick in May
Blog Posts, Chief Economist, News
Canada’s Economy Plunged 11.6% in April The pandemic shutdown put every sector of the economy into a medically induced coma, so it was no surprise that the first full month of lockdown would be ugly. Indeed, consensus estimates were worse than the 11.6% drop in economic activity reported this morning by Statistics Canada (see chart below). Read More
26 Jun 2020
What to do if You’re Denied a HELOC
The COVID-19 crisis has undoubtedly thrown a wrench into a lot of people’s finances. Many have seen a drop-in income because their investments have lost value, while others may need to supplement their cashflow in order to help out family or friends who have lost their jobs or taken a pay cut. Many are therefore Read More
22 Jun 2020
Governor Macklem Affirms No Negative Interest Rates
Blog Posts, Chief Economist, News
First Formal Remarks By Tiff Macklem, Bank of Canada Governor There were no surprises this morning from Governor Macklem’s virtual presentation to the Canadian Clubs of Canada. His opening written statement was quite brief and it was followed up with a Q and A. Here are the key points that he emphasized. Negative interest rates are Read More
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Current Rates
CURRENT VARIABLE MORTGAGE RATE IS
1.98 %
CURRENT PRIME RATE IS
2.45 %
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- Terms
- Bank Rates
- Payment Per $100K
- Our Rates
- Payment Per $100K
- Savings
- 6 Months
- 3.14 %
- $480.46
- 3.14%
- $480.46
- $0.00
- 1 Year
- 3.24 %
- $485.65
- 2.14%
- $430.24
- $55.41
- 2 Years
- 3.39 %
- $493.48
- 2.14%
- $430.24
- $63.24
- 3 Years
- 3.79 %
- $514.70
- 2.14%
- $430.24
- $84.46
- 4 Years
- 3.94 %
- $522.77
- 2.14%
- $430.24
- $92.54
- 5 Years
- 4.84 %
- $572.53
- 2.24%
- $435.12
- $137.41
- 7 Years
- 5.80 %
- $627.97
- 2.99%
- $472.73
- $155.23
- 10 Years
- 6.10 %
- $645.76
- 3.25%
- $486.17
- $159.60
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.
