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Articles

2016 changeofspaceDominion Lending Centres breaks down the new changes to the mortgage space, answering your most asked questions — What, Who and Why? — And how WE can help!

Why is the Department of Finance implementing these new changes?

These new regulations are aimed at protecting the financial security of Canadians and supporting the long term stability of the housing market in Canada.

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Download our PDF and read more about the changes.

MortgageRates

Terms CMHC Conventional
Variable Rate Prime -0.75% Prime -0.70% (35% equity)
6 Months 3.14% 4.55%
1 Year 2.44% 2.49%
2 Year 2.14% 2.49%
3 Year 2.34% 2.59%
4 Year 2.69% 2.69%
5 Year
2.59%
(Quick 60 days)
35% Down = 2.69%

5 Year Rental
N/A 3.14%
5 Year 120 dasy 2.64% 2.99%
Benchmark 4.84% 4.84%

*Rates subject to change without notice. Certain conditions may apply. OAC, E & OE. Subject to 3% penalty or IRD. Rates published as of July 13, 2017.

Understand Our Rates

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