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
1.85%
Current prime rate is
2.45%
-
- Terms
- Bank Rates
- Payment Per $100k
- Our Rates
- Payment Per $100k
- Savings
-
- 6 Months
- 3.09%
- $477.88
- 3.14%
- $480.46
- $-2.58
-
- 1 Year
- 3.14%
- $480.46
- 1.99%
- $422.97
- $57.49
-
- 2 Years
- 3.19%
- $483.05
- 1.99%
- $422.97
- $60.08
-
- 3 Years
- 3.49%
- $498.74
- 1.99%
- $422.97
- $75.77
-
- 4 Years
- 3.74%
- $512.02
- 1.99%
- $422.97
- $89.05
-
- 5 Years
- 4.59%
- $558.49
- 2.04%
- $425.38
- $133.10
-
- 7 Years
- 5.35%
- $601.69
- 2.79%
- $462.54
- $139.15
-
- 10 Years
- 5.60%
- $616.23
- 3.19%
- $483.05
- $133.18
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 still don’t quite believe everything is completed. Thank you so much for all of your help – the many phone calls to answer questions, a lot of research on your part and setting up my mortgage so quickly when we decided. You have been so kind and patient and added to that your knowledge of banking to mortgages make you a very skilled advisor.
E Knowles
John and I want to Thank you so much for all your help in making our ‘Dream Home’ a reality. Next year great things are happening and we are blessed and grateful to have this amazing opportunity.
Big Hugs,
John and Linda
Jen was referred to us by our realtor and we couldn’t have been more happy with our mortgage experience! Jen provided us with expert knowledge, recommendations, exceptional service and great referrals to other services and professionals. We went through the entire home financing process online and over the phone without actually meeting Jen, which is the only unfortunate part of the experience.
K. Graham & M. Yu
Jen offered to help secure a mortgage for me when my bank declined me in Feb 2017 which was just before taking a medical leave of absence from work to receive cancer treatments. Despite Jens efforts at the time we couldn’t find a lender while I was off work dealing with this illness. However in June my cancer treatment was successful and I returned to work. Jen continued her search on my behalf and just before 6 months passed she helped me secure an excellent mortgage. The wait was worth it! I would recommend Jen to anyone. She will get the job done and find the deal you need.
D Grinham
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
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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