For the Latest News Click Here All 4 year term or less and Variable rate mortgages with less than 20% down payment will now have to be qualified at the greater of the Bank of Canada 5 year conventional mortgage which is 5.34% or the actual rate mortgage rate. Testimonials 'We came in to see the Mortgage Centre the 2nd week of January 2011 to seek some help in refinancing and consolidating some debt. We were getting a run-around from our current bank, so we figured we needed some more help, and someone in our corner to get what we needed, in a short period of time. By the end of January, we were squared away with a new mortgage at about 1/2 the rate we were paying, with a very reputable financial institution, a manageable payment structure, and consolidated debt! more... See more text