Over the August long weekend, there was some rate activity as we saw a few rates change. We’ve updated the changes below: Closed Variable: Canadian Mortgages Inc: 6 month @ 4.00% Closed Fixed: Virtual One Credit Union: 1 year @ 4.95% Closed Fixed 5 year: Dominion Lending Centres @ 5.24% Open Variable: Dominion Lending Centres: 5 year @ 4.15% Open Fixed (Ontario Only): DUCA: 1 year @ 6.10% Open Fixed (Available nationally): Dominion Lending Centres: 6 month @ 6.20% Go compare mortgage Mortgage brokers on the other hand are professionals who are peddlers of mortgage products. They are the ones responsible for bringing together mortgage lenders and their borrowers.
