Understanding Variable vs. Fixed Rates — and Why Variable May Be the Better Choice Now
June 22, 2026
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Welcome
Whether you are a first-time buyer or an experienced buyer with excellent credit, Dominion Lending Centres has access to the very best products and rates available across Canada. Give us a call… we think you’ll be pleasantly surprised!
Get in TouchCurrent Rates
Our rates are always competitive and we pride ourselves on making sure that you get the best possible rate available to you. Check out our current rates below, compared to the competition.
Current Rates
Current variable mortgage rate is
3.70%
Current prime rate is
4.45%
-
- Terms
- Bank Rates
- Payment Per $100k
- Our Rates
- Payment Per $100k
- Savings
-
- 6 Months
- 7.89%
- $756.21
- 4.59%
- $558.49
- $197.72
-
- 1 Year
- 6.15%
- $648.75
- 4.59%
- $558.49
- $90.26
-
- 2 Years
- 5.44%
- $606.90
- 4.39%
- $547.37
- $59.53
-
- 3 Years
- 4.62%
- $560.16
- 4.34%
- $544.61
- $15.55
-
- 4 Years
- 6.01%
- $640.40
- 4.39%
- $547.37
- $93.03
-
- 5 Years
- 4.56%
- $556.81
- 4.39%
- $547.37
- $9.44
-
- 7 Years
- 6.41%
- $664.38
- 4.59%
- $558.49
- $105.89
-
- 10 Years
- 6.81%
- $688.72
- 4.59%
- $558.49
- $130.24
Some conditions may apply. Rates may vary from Province to Province. Rates subject to change without notice. Posted rates may be high ratio and/or quick close which can differ from conventional rates. *O.A.C. E.& O.E.
Calculators
Our Interactive Mortgage Calculators will allow you to explore your Mortgage options to make the right home financing decision.
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Apply NowDeb White has been assisting her clients with their mortgage needs since April 1999 and established White House Mortgages DLC in January 2005. As an award winning broker Deb prides herself on her ability to find the best rate for her clients’ mortgages and to find solutions to even the most difficult mortgage approval. With this in mind, Deb has been ranked in the top 75 brokers across Canada over the past 10 years. This is a testament to her dedication to the industry and to her clients.
Since opening White House Mortgages DLC has established itself as a leader in the Mortgage Brokerage industry receiving numerous awards including Best Mortgage Company in the North Okanagan 2012-2015 and 2017 by Okanagan Life Magazine. White House Mortgages was also names best of the best with the BOB awards held by Beach Radio. White House Mortgages DLC has grown to 7 locations in British Columbia with currently 25 Mortgage Brokers.
In addition to being business minded Deb is also community minded. Currently Deb is the President of CMBABC. Previously, Deb was on the board for Vernon Winter Carnival for 10 years and was the Chairperson for 5 years. Deb has also been the Director and Secretary of the Funtastic Sports Society, helped establish Carrol-ing For a Cause, has volunteered at the Knox Mountain Hill Climb for 27 years, has been on the board of directors for the Mortgage Broker’s Association of British Columbia and most recently supported Teens Count Too.
Deb and her husband Doug have 4 children and 7 grandchildren. When not working or volunteering Deb can be found spending time with her family and friends. In her spare time she enjoys camping, motor biking, sewing and running.
The largest purchase in a person’s lifetime is their home. Whether you are a first time home buyer, a home owner taking out equity for pleasure or investment or simply renewing your mortgage, Deb can provide you with professional unbiased advice to help in your mortgage decision making process.
“We worked with other Mortgage Brokers when moving to Vernon without any success. We almost gave up, then we met Deb White. We received professional, friendly assistance and received financing for 2 houses without any negative issues whatsoever. Deb White has our business.”
R.N,
Deb White was extremely helpful, timely and gladly welcomed the sense of urgency/time constraints I had on my mortgage. She pulled through when other brokers could not all in half the time. Deb was very responsive to all my messages, emails and phone calls and was always willing to answer any question I had. Deb is a very personable professional , without her I wouldn’t have been able to purchase this home as I had tried other brokers and I was told I couldn’t get approved or they couldn’t do the time constraint.
Thanks Deb!
K.H. – Vernon
Having recently moved to BC from out of province, I found the process of obtaining a new mortgage from White House Mortgages to be straight forward and statisfying.
Deb White walked us through the process & was able to fully explain the differences in mortgages here in BC.
The bank I was with previously was not interested in working with us, and quoted fairly high rates compared to the ones from White House Mortgages.
Also, the new mortgage company we used has a Web Page interface (not offered by the bank) that allows for instant & up-to-date overview of our mortgage.
Deb White provided us with accurate & informative options that let us tailor our mortgage to suit current market conditions & into the future.
Highest recommendations to Deb White & Staff for their service & options for our mortgage.
DH & JH – Vernon
Really happy with the work Deb did for me. This is my second time using her service, and she again did not disappoint! I was most impress with how she ensured I got the lowest mortgage rate possible – right to the bitter end! I wouldn’t hesitate to recommend White House Mortgages to anyone! 5 Star Service!
BH
Deb White & staff at White House Mortgages are absolutely amazing!
We went to the bank at first and after several weeks of trying to make this dream happen, we ended up calling Deb. She got us in fast. We told her what we needed… after 2 visits it was basically a done deal. Definitely knows her business!! Thanks Deb for all you have done. You put a smile on many faces!!!
W&L M & HM
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