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
12 Nov 2019
Principal & Interest
Principal and interest are the two components that make up a mortgage payment. Principal is the portion of your payment that goes towards paying down the outstanding balance of your mortgage. Interest is the other portion of your payment which goes directly into the pockets of your lender and does not contribute to paying down Read More
8 Nov 2019
Disappointing Decline in Jobs in October, But Wage Growth Surges
Blog Posts, Chief Economist, News
One month does not a trend make. Statistics Canada announced this morning that the country lost 1,800 jobs in October following two months of blockbuster employment gains. October marks the first month of job losses since July, but as the chart below shows, the employment data are notoriously volatile. The Canadian dollar sold off on Read More
7 Nov 2019
5 Reasons You May want to consider a Rent to Own property
With the real estate market continuing to hold steady, many young families are looking for other options to afford a home. Many millennial families still are holding onto the dream of owning a detached home or their own townhouse/condo one day…but the task of moving on from a rental can seem daunting and impossible. This Read More
5 Nov 2019
Mortgages for Expensive Homes – Not as Easy as it Sounds
Large home purchases that require a mortgage present unique challenges in the Canadian Mortgage market. Sliding scales, director approval, multiple reviews, it all adds up to difficultly getting larger mortgages approved, unless you’re working with an experienced mortgage broker. In 2012 the government of Canada removed the mortgage insurers ability to approve mortgages of $1 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
- 3.04%
- $475.30
- $28.73
- 2 Years
- 3.74 %
- $512.02
- 2.89%
- $467.62
- $44.40
- 3 Years
- 3.89 %
- $520.07
- 2.89%
- $467.62
- $52.45
- 4 Years
- 3.94 %
- $522.77
- 2.94%
- $470.17
- $52.60
- 5 Years
- 5.34 %
- $601.11
- 2.69%
- $457.48
- $143.63
- 7 Years
- 5.80 %
- $627.97
- 3.44%
- $496.11
- $131.86
- 10 Years
- 6.10 %
- $645.76
- 3.70%
- $509.88
- $135.88
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.
