OSFI Considers Setting a Minimum Qualifying Rate of 5.25% For Uninsured Mortgages
April 9, 2021
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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
1.45%
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
- 1.84%
- $415.77
- $96.25
-
- 5 Years
- 4.59%
- $558.49
- 2.09%
- $427.81
- $130.68
-
- 7 Years
- 5.35%
- $601.69
- 2.84%
- $465.07
- $136.61
-
- 10 Years
- 5.60%
- $616.23
- 3.24%
- $485.65
- $130.58
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 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 was a pleasure to work with. Easy to talk to, available, communicated well. Recommended.
Paolo
Tony did a great job finding a mortgage that best suited our needs. Tony helped us understand what factors to consider when choosing a variable or fixed rate mortgage. We also learnt the importance of having prepayment options, and were shown examples of how much interest we could save by adding extra to our regular payments. It was very important for us to deal with someone whom would take the time to answer all of our questions. In the end, we were very confident with our financing decision. • • •
Taylor
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
Tony Passalacqua is #1 in our books!
We have been working with Tony for the past 13 to 14 years. In that time he has helped us with the purchase and sale of 4 different properties as well as has been instrumental in putting us in contact with other professionals to help us along the way. He has helped our friends and family alike, whether this has been buying their first home or refinancing their current one. He always goes the extra mile and comes with a tone of knowledge, advise and just knows how to get things done! I have and will continue to recommend Tony to friends and family and will not ever use anyone else for my personal brokridge needs..
Tony!!! Thank you, thank you, for your many years of expertise!
Christa
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