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
1.39%
Current prime rate is
2.45%
-
- Terms
- Bank Rates
- Payment Per $100k
- Our Rates
- Payment Per $100k
- Savings
-
- 6 Months
- 3.04%
- $475.30
- 2.79%
- $462.54
- $12.76
-
- 1 Year
- 2.79%
- $462.54
- 1.84%
- $415.77
- $46.77
-
- 2 Years
- 2.94%
- $470.17
- 1.54%
- $401.59
- $68.59
-
- 3 Years
- 3.49%
- $498.74
- 1.54%
- $401.59
- $97.16
-
- 4 Years
- 3.74%
- $512.02
- 1.64%
- $406.28
- $105.74
-
- 5 Years
- 4.59%
- $558.49
- 1.74%
- $411.01
- $147.48
-
- 7 Years
- 5.35%
- $601.69
- 2.64%
- $454.97
- $146.72
-
- 10 Years
- 5.60%
- $616.23
- 2.95%
- $470.68
- $145.54
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.
Use NowHow to Apply
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Apply NowJen 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
You are way to good at what you do! It is refreshing to see someone go the extra mile!
A Phillips
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
When HSBC Found out I was moving my mortgage they tried very hard to entice me to stay by telling me all the dollars and time it would take etc to make the change. They of course wanted to know the reason why the move and it was simply that they were unable to give me what I wanted, even tried by offering a better interest rate but still not as good as the rate offered by Scotiabank.
I thank you for all your hard work in facilitating this transaction and would recommend you to others if asked.
Kindest regards,
J Rausch
I 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!
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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