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
31 Jul 2020
Canada’s Economy Is Outperforming the US
Blog Posts, Chief Economist, News
Canadian Economy Recovers Almost Half Its COVID-Induced Loss in May and June The Canadian economy bounced back sharply in May and June as Canadian provinces eased lockdown measures. GDP expanded 4.5% in May, and activity in June was even more robust at an estimated 5% rise. Cumulatively, GDP rose 10% in May and June, after Read More
15 Jul 2020
Bank of Canada Holds Rates Steady and Continues QE Program
Blog Posts, Chief Economist, News
Bank of Canada Holds Target Rate Steady Until Inflation Sustainably Hits 2% The Bank of Canada under the new governor, Tiff Macklem, wants to be “unusually clear” that interest rates will remain low for a very long time. To do that, they are using “forward guidance”–indicating that they will not raise rates until capacity is Read More
15 Jul 2020
Canadian Home Sales Up Again in June
Blog Posts, Chief Economist, News
Housing Market Continued Its Rebound in June and Early July There was more good news today on the housing front. Home sales rebounded by a further 63% in June, returning them to normal levels for the month–150% above where they were in April when the pandemic-induced lockdown paralyzed the economy (see chart below). Data released this morning Read More
14 Jul 2020
Monopoly and the Reverse Mortgage – Game On!
The popular board game Monopoly has been around since 1935. Everyone has heard of it, most of us have played it. As per the recommended age level from the makers of the game, children as young as 8 years old have been learning the game of building wealth through property for generations. And to refresh Read More
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Current Rates
CURRENT VARIABLE MORTGAGE RATE IS
1.95 %
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
- 1.99%
- $422.97
- $62.68
- 2 Years
- 3.39 %
- $493.48
- 1.99%
- $422.97
- $70.51
- 3 Years
- 3.79 %
- $514.70
- 1.99%
- $422.97
- $91.73
- 4 Years
- 3.94 %
- $522.77
- 1.99%
- $422.97
- $99.80
- 5 Years
- 4.84 %
- $572.53
- 2.04%
- $425.38
- $147.15
- 7 Years
- 5.80 %
- $627.97
- 2.89%
- $467.62
- $160.35
- 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.
