Minister Morneau Announces New Benchmark Rate for Qualifying For Insured Mortgages
February 18, 2020
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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
2.95%
Current prime rate is
3.95%
-
- 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
- 3.59%
- $504.03
- 3.04%
- $475.30
- $28.73
-
- 2 Years
- 3.74%
- $512.02
- 2.89%
- $467.62
- $44.40
-
- 3 Years
- 3.89%
- $520.07
- 2.89%
- $467.62
- $52.45
-
- 4 Years
- 3.94%
- $522.77
- 2.94%
- $470.17
- $52.60
-
- 5 Years
- 5.34%
- $601.11
- 2.69%
- $457.48
- $143.63
-
- 7 Years
- 5.80%
- $627.97
- 3.44%
- $496.11
- $131.86
-
- 10 Years
- 6.10%
- $645.76
- 3.70%
- $509.88
- $135.88
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
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Use NowHow to Apply
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Apply NowI was born and raised in Palena (region of Abruzzo), Italy and moved to South Africa in 1966 with my parents where I lived until 1999.
Having immigrated to Canada from South Africa in November 1999 with my wife and two teenage children, I know how tough it is to settle down in a new multi cultural country and I strongly believe that the purchase of a home is a critical step in the process of achieving the Canadian dream and accepting Canada as your new home. This is one of the main reasons why in 2003 I decided to become a mortgage broker, to help families like mine realize their dream of home ownership.
I have been in the mortgage financing business for 16 years and I have successfully helped over a thousand clients purchase or refinance their new home or investment property. I work with first time home buyers, repeat buyers, investors, buyers with great credit and those who have credit challenges or have been declined by the banks.
At iCare Mortgages we have access to many of the top lenders across Canada so our clients receive the best possible rates and mortgage solutions to meet their specific short and long term financial goals. Our products allow our clients to pay down their mortgages faster and save lots of money in interest payments.
As an independent mortgage professional at iCare Mortgages, a division of Dominion Lending Centres, I specialize in residential mortgage financing including: 1st mortgages, 2nd mortgages, mortgage renewals, refinancing, equity take outs, debt consolidations, reverse mortgages, mortgages for new immigrants to Canada and alternative mortgage solutions.
We also offer alternative lending solutions for those unexpected life events that cause financial challenges so our clients can purchase their dream home or keep the home they love.
In every situation, my clients receive the very best advice and options for their specific mortgage needs.
Sincerely,
Tony Passalacqua
Solid mortgage broker. Used Tony several times and has been nothing but excellent.
Kevin
Tony has helped me with multiple mortgages, through multiple refinances and has delivered the utmost service and knowledge. An invaluable partner when it comes to financing a property. I do not hesitate in recommending Tony and everyone I have recommended Tony to have said they would use him again in a heartbeat.
Jonathan
I just bought a beautiful house and Tony helped me find the best rate on my mortgage, he’s very professional and with a decade of service he has the knowledge to assist you in getting the best rates.
Richard
My wife and I were first time home buyers and we really appreciated how Tony took the time to explain all of our options to us. He was always able to meet with us whenever we needed to and responded to emails immediately. Tony was with us every step of the way through our first house purchase and really helped make the process easier for us. He even kept in contact with our real estate agent to make sure everything went smoothly. Thanks Tony!
Troy
Update! He helped us with new mortgage on our dream home this year. A honest and great guy. I’d consider a friend. Tony is the best. I found him using google maps and reading other reviews he seemed like the right guy for me. I was a first time home buyer trying to get something in this overwhelming and hot market. After speaking and meeting with tony he made me feel confident i could do this. In the end we got a mortgage that we were very happy with. He explained and went over what are our options and what he thought was best. Tony is amazing at what he does and just a real top notch guy. I’m extremely happy to have worked with him and would recommend him to anyone! Thanks tony!
Costas
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