Dominion Lending Centres is Canada’s national mortgage and leasing company with more than 2,600 members offering free expert advice across Canada – taking the hassles 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
19 Jun 2018
7 Questions to Help You Decide if You Should Pursue a HELOC, Refinance or Second Mortgage
HELOC, Refinance or Second/Third Mortgages? Which one should you choose to go with? If you have decided to tap into the equity in your home, the three can seem to be interchangeable at times and for many consumers can be a difficult decision on which one to select. We have laid out seven questions to Read More
18 Jun 2018
The Spring Housing Market Continues To Be Weak
Blog Posts, Chief Economist, News
As we said last month, April is usually the start of a spring housing market ramp-up, but this year the new mortgage stress test and rising mortgage rates have continued to be a negative factor. Those expecting an early-stage pick-up marking an end to the payback for sales pulled forward into the fourth quarter of Read More
18 Jun 2018
Debt Service Ability. A renewed lender focus
Debt Service Ability. A renewed lender focus it seems. As interest rates firm, valuations are impacted, and cap rates begin to firm. What about Debt Service Ability? It is becoming more apparent that property income, and more specifically net operating income available to service debt, has a significant and growing influence on the amount of Read More
14 Jun 2018
Don’t Forget the Closing Costs When You Purchase a Home
The purchase price you negotiate when buying or selling a home is just one part of the total cost for buying a home. In addition to the purchase price there are several other fees – known as closing costs – all of which you need to factor in to your purchase price. Closing costs tend Read More
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Current Rates
CURRENT VARIABLE MORTGAGE RATE IS
2.41 %
CURRENT PRIME RATE IS
3.45 %
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- Terms
- Bank Rates
- Payment Per $100K
- Our Rates
- Payment Per $100K
- Savings
- 6 Months
- 3.14 %
- $480.46
- 3.10%
- $478.39
- $2.07
- 1 Year
- 3.04 %
- $475.30
- 2.99%
- $472.73
- $2.57
- 2 Years
- 3.44 %
- $496.11
- 3.24%
- $485.65
- $10.46
- 3 Years
- 3.59 %
- $504.03
- 3.39%
- $493.48
- $10.55
- 4 Years
- 3.89 %
- $520.07
- 3.54%
- $501.38
- $18.69
- 5 Years
- 5.59 %
- $615.64
- 3.29%
- $488.25
- $127.39
- 7 Years
- 5.80 %
- $627.97
- 3.94%
- $522.77
- $105.19
- 10 Years
- 6.10 %
- $645.76
- 3.99%
- $525.48
- $120.28
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.
