Mortgage Rates News

Bank of Canada Drops Target Rate and Canadian Mortgage Holders Ask: Now What?

The BoC dropped the overnight rate by 25 basis points — prime rates are expected to follow. Canadians looking to get or renew a mortgage ask: Is it better to lock-in with a fixed-rate or ride the descent with a variable rate?

Fixed Mortgage Rates are Rising - Should You Consider a Variable Mortgage?

You could pay up to twice the interest rate on a fixed mortgage today versus a variable.

Fixed or Variable? The Pandemic Has Made One the Better Mortgage Option

Here's how to stretch your finances further and protect yourself against a job loss.