DLC Weekly Rate Minder

Hi Denise!

As your Dominion Lending Centres Mortgage Expert, I live and breathe mortgages, so you don’t have to! My goal as your partner throughout the mortgage process, is to make it smoother for you.

As you know, one of the biggest questions around home affordability is the borrowing rates, and today’s current mortgage options. Below I have included the latest rates for this week to give you an idea of what is currently available.

If you or someone you know is interested in a home and curious about what you can afford, click HERE to download the My Mortgage Toolbox app today and get started!

Terms	Posted Rates	Payment Per $100k	Our Rates	Payment Per $100k	Savings
6 Months	6.59%	$675.29	7.49%	$730.93	$-55.64
1 Year	7.84%	$753.03	6.74%	$684.44	$68.59
2 Years	7.34%	$721.53	6.37%	$661.96	$59.57
3 Years	6.99%	$699.80	5.59%	$615.64	$84.16
4 Years	6.79%	$687.50	5.52%	$611.56	$75.94
5 Years	6.84%	$690.57	5.09%	$586.74	$103.83
7 Years	7.10%	$706.60	6.09%	$645.17	$61.43
10 Years	7.25%	$715.92	6.14%	$648.15	$67.77
Variable	7.25%	$715.92	6.30%	$657.75	$58.17
Prime Rate	7.20%
Please Note: Payment per $100K and possible savings shown above are based on a 25-year amortization. Rates are subject to change without notice and the rate you receive may vary depending on your personal financial situation. *OAC E&OE. Please reply to this email and I will be happy to provide you with greater detail and determine the best rate available for you.

In addition, advertised rates are, in some cases, only available for high-ratio residential mortgages with default insurance. A high-ratio mortgage is when you have less than a 20% down-payment. Higher interest rates may apply on refinances, conventional purchases, non-owner occupied properties, or amortizations greater than 25 years.