Mortgage News
Canadian Mortgage & Housing News
Bank of Canada rate updates, renewal strategies, fixed vs. variable analysis, and first-time buyer guides — from a Canadian perspective.
4.75%
Bank of Canada Rate
As of June 2024
6.95%
Prime Rate
Major banks
~5.00%
5-Yr Fixed (avg)
Varies by lender
P - 0.70%
5-Yr Variable (avg)
~6.25%
Rates shown are indicative as of July 2024. Always verify current rates with your lender or broker.
Bank of Canada Rate Cuts: What It Means for Your Mortgage in 2026
The Bank of Canada has cut its overnight rate four times since mid-2024. Here's exactly how that flows through to variable-rate mortgages, HELOCs, and renewal decisions.
Priya Nair
March 18, 2026
Editor's PickThe Beginner's Guide to Canadian Credit Card Points (2026)
New to credit card rewards in Canada? This complete guide explains how points work, which programs matter, and exactly how to get started without making costly mistakes.
Sarah Mitchell
March 10, 2026
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