03/13/2026
📉 Did You Get Your Fixed Rate Mortgage in Late 2023?
When many homeowners secured their mortgages at the end of 2023, rates were near, and often over 6%.
Today, some borrowers may have an opportunity to reduce their rate and payment even after paying the penalty to break their mortgage.
Every situation is different, but we’ve recently seen cases where clients were able to save money overall by doing a mid-term transfer or refinance.
We've recently been able to save clients quite a bit of money while making their mortgage payments more affordable.
Client 1: Estimated savings of $11,667 and a lower payment of $218/month
Client 2: Estimated interest savings of $13,234 and a lower payment of $257 per month
Client 3: Estimated interest savings of $12,189 and a lower payment of $234 per month.
Client 4: Applied for a ManulifeOne and paid a $12,000 penalty at his current lender; we lowered his monthly payment by almost $800 and projected savings of over $10,000.
💡 The only way to know is to run the numbers.
We’d be happy to provide a complimentary mortgage review to see if there’s an opportunity for you.
No pressure. Just honest advice.
📩 Message us anytime or call/text 431-482-2187
Peter Paley, Colten Boudreau, & Derek Vandall
Dominion Lending Centres Mainstream Mortgages
We’d Love To Be Your Mortgage Brokers.
We are proud to be part of the DLCG Mortgage Group
✅ Canada’s largest mortgage brokerage network
✅ Representing the largest network of mortgage professionals in the country
✅ Collectively funding more residential mortgages than any single bank, credit union, or financial institution in Canada
✅ Access to hundreds of lending options, including major banks, credit unions, and alternative lenders
✅ Publicly traded on the Toronto Stock Exchange (TSX: DLCG)
