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
10 Jul 2020
Strong June Jobs Report in Canada
Blog Posts, Chief Economist, News
Robust Jobs Report in June, Much Better Than Expected The June Labour Force Survey, released this morning by Statistics Canada, reflects labour market conditions as of the week of June 14 to June 20. By that time, public health restrictions had been eased in most parts of the country. Tighter restrictions remained, however, in much of southwestern Read More
8 Jul 2020
Fiscal Snapshot: Much Larger Deficit and Debt than Expected
Blog Posts, Chief Economist, News
Astonishing Fiscal Red Ink Announced Today Finance Minister Bill Morneau presented his fiscal snapshot this afternoon. Most economists were expecting a budget deficit of roughly $260 billion. Instead, the government announced a deficit for the fiscal year 2020-21 of $343.2 billion–close to 16% of GDP. That compares to the $34.4 billion deficit projected before the Read More
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
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Current Rates
CURRENT VARIABLE MORTGAGE RATE IS
1.98 %
CURRENT PRIME RATE IS
2.45 %
-
- 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
- 2.04%
- $425.38
- $60.26
- 2 Years
- 3.39 %
- $493.48
- 2.04%
- $425.38
- $68.10
- 3 Years
- 3.79 %
- $514.70
- 2.04%
- $425.38
- $89.31
- 4 Years
- 3.94 %
- $522.77
- 2.04%
- $425.38
- $97.39
- 5 Years
- 4.84 %
- $572.53
- 2.14%
- $430.24
- $142.29
- 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.
