Bank of Canada Holds Steady Amid Continued Trade Uncertainty ( in English –prime rate is not dropping like we hoped it would)
December 4, 2019
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Whether you are a first-time buyer or an experienced buyer with excellent credit, Dominion Lending Centres has access to the very best products and rates available across Canada. Give us a call… we think you’ll be pleasantly surprised!
Get in TouchCurrent Rates
Our rates are always competitive and we pride ourselves on making sure that you get the best possible rate available to you. Check out our current rates below, compared to the competition.
Current Rates
Current variable mortgage rate is
2.10%
Current prime rate is
2.45%
-
- 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
- 3.44%
- $496.11
- 2.39%
- $442.51
- $53.60
-
- 2 Years
- 3.54%
- $501.38
- 2.39%
- $442.51
- $58.88
-
- 3 Years
- 3.89%
- $520.07
- 2.39%
- $442.51
- $77.57
-
- 4 Years
- 3.94%
- $522.77
- 2.39%
- $442.51
- $80.27
-
- 5 Years
- 4.99%
- $581.04
- 2.39%
- $442.51
- $138.53
-
- 7 Years
- 5.80%
- $627.97
- 3.24%
- $485.65
- $142.32
-
- 10 Years
- 6.10%
- $645.76
- 3.55%
- $501.91
- $143.85
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.
Calculators
Our Interactive Mortgage Calculators will allow you to explore your Mortgage options to make the right home financing decision.
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Apply NowI received this amazing nomination for Woman Unlimited Award in the category of ‘Awesome Mom’ from April Dorey, Financial Planner at Raymond James
Three words that best describe this woman you are nominating?
Energetic! Caring! Sincere!
Jen designed her career as an independent mortgage broker around being able to balance her duties as a mom while helping to provide for her family. She is actively involved in the everyday experiences of her two children and family in addition to successfully offering her professional service. Jen is highly energetic and thats lucky, because she not only works hard in her career, but for her family too!
I approached Jen Lowe as she was referred to me from my realtor. My realtor told me Jen Lowe is amazing, me not knowing ANYTHING about real estate I can now confirm she really is!
She helped me get approved for a mortgage when it was hard to do so
The result was POSITIVE–I got the mortgage and house I really wanted
One thing I really liked was her way to push back and the banks and fight against all odds to get it done fast
I found this experience very pleasant
I would recommend Jen to people who need a mortgage or re-mortgage. She finds the best rates and most important she is a great person to deal with, very helpful!
A Rodriguez
Just wanted to thank you for your time and counsel session yesterday. You are very good at what you do. I appreciate so much that my daughter has put her trust in you, and that she also extols your talents. As the senior around my family I like how you listened to both of us yesterday, and responded to each of our concerns and questions. You were attentive to my input as well, and came back to my reflections a few times. It is always dicey with family members when it comes to discussing money issues. Thank you again Jen.
Joanne DiCastri
Jen is one of the most thorough, honest and helpful brokers I’ve ever worked with. She presented me with options to keep me on budget and provided me with all the information I needed to know to make the right choice for purchasing my home. She knows the market and secured a rate prior to it going up, saving me thousands of dollars. I received thorough and prompt responses when I asked my crazy questions and she worked closely with my realtor, Ian Jules, to keep me feeling secure on my choice – she was a huge asset to me making the decision to purchase my home, on my own. Jen would be a great asset to anyone trying to get or secure the best mortgage!
Thank you Jen, Tucker and I love our new home!
~A. Boyd,
Shawnigan Lake, BC
I’m sorry I haven’t written to you sooner but I wanted to send you a big THANK YOU! So much has happened in such a short amount of time that I lost track of time. I hope you and your family are doing well and have not been affected negatively by the recent events.
You honestly kept us sane and held our hand through a very difficult process and we couldn’t have done it without you. I was talking to my friend about it today and I can’t believe how fast everything happened and how much work went into it.
I just wanted to send you a short update: We have had the keys for a bit over a month and have been busy giving the place a facelift (new paint, new lights, etc.). We haven’t moved in yet and currently waiting to replace the flooring (carpet out, hardwood floors in). We are learning tricks and trades but can safely say that we will never go into home renovations for a livelihood. Mad respect for anyone who does it!
Anyway, thank-you, thank-you, thank-you!!! We also received your card and it was so lovely and meaningful. I hope we will get to work together again in the future!
Best,
Nazila and Mandy
There are generally two ways to get a mortgage in Canada: From a bank or from a licensed mortgage professional. I have over 17 years experience in the financial services industry, previously having worked for 2 major banks, TD and RBC before becoming a broker over 6 years ago.
While a bank only offers the products from their particular institution, I have access to over 50 lenders including major banks, credit unions and other financial institutions, thru DLC Modern Mortgage Group. I offer my clients more choice, and access to hundreds of mortgage products! As a result, you, as my client, benefit from the trust, confidence, and security of knowing you are getting the best mortgage for your needs.
On a personal note I am born and raised on Vancouver Island! I have 2 kids that are growing up way too fast and have a huge love for animals. My daughter is extremely smart and doing very well in school and my son keeps me busy with his competive lacrosse programs he is involved in.
The largest purchase in a person’s lifetime is their home. Whether you are a first time home buyer, a home owner taking out equity for pleasure or investment or simply renewing your mortgage, I can provide you with professional unbiased advice to help in your mortgage decision making process.
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