Current Rates
Rates are a big part of the story
Interest rate is an extremely important part of any mortgage, but it isn’t the only aspect that needs to be considered. Flexible terms, willingness to accommodate those who are self-employed, high-ratio lending, repayment options and much more go into choosing the right mortgage and mortgage provider for your needs. I have the ability to work with many lenders, but here are current rates offered by one of the Canadian banks and those offered by Dominion Lending Centres. Let’s talk and find the right lender and rate for you.
| Mortgage Terms | Up to 25 Year Amortization | More than 25 Year Amortization |
|---|---|---|
| 1-Year Fixed Rate – Open | 4.49% | 4.59% |
| 1-Year Fixed Rate – Closed | 2.99% | 3.09% |
| 2-Year Fixed Rate – Closed | 2.69% | 2.79% |
| 3-Year Fixed Rate – Closed | 2.64% | 2.74% |
| 4-Year Fixed Rate – Closed | 2.69% | 2.79% |
| 5-Year Fixed Rate – Closed | 2.59% | 2.79% |
- Current Variable Mortgage Rate is 1.35
- Current Prime Rate is 2.45
- Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. *O.A.C. E.& O.E.
