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Current Rates — Insured Mortgages

Updated 2026-04-06
3-Year Fixed 4.34%
5-Year Fixed 4.39%
5-Year Variable ? 3.7%
The variable rate is calculated as the lender's prime rate (currently 4.45%) plus or minus a lender adjustment. Your variable rate can change with each Bank of Canada announcement.

Does this rate apply to your situation? Book 15 minutes to find out.

Rates subject to change at any time without notice. These rates are for insured mortgages (down payment under 20%). Confirm your rate.

This tool provides estimates for informational purposes only. Actual rates and results depend on your specific situation. Rates last updated 2026-04-06. Rates are subject to change at any time.

Different Lenders, Different Rules

If you receive disability benefits, the Canada Child Benefit, or other non-employment income, your bank may not be counting your full household income. That doesn’t mean you don’t qualify - it means you’re at the wrong lender.

The Problem

Big banks tend to be conservative about non-traditional income. Some don’t count CCB at all. Some discount disability benefits. This can mean the difference between qualifying and being told “sorry, your income isn’t enough.”

The Solution

As a broker, I work with over 30 lenders - each with different income policies. Some count 100% of CCB. Some count disability benefits at full value. Some are more flexible with rental income, child support, and self-employment revenue.

Why This Matters

On a $2,000/month CCB alone, the difference between a lender counting 0% and 100% could mean over $100,000 in additional buying power. That’s the difference between “we can’t help you” and homeownership.

The tool above shows the gap. A quick call shows you exactly which lenders work for your situation.