
variable rate mortgages


Experts predict Canadian mortgage rates will rise next week following latest surge in bond yields
In just two months, Canadian bond yields have surged by over 61 basis points (0.61 percentage points), with a jump of roughly 17 bps in the past week.

What the Bank of Canada’s 50-bps rate cut means for borrowers
Variable-rate borrowers can breathe a little easier with today’s latest rate reduction.

Breaking a mortgage for better rates can pay off – but beware of the costs
Interest rates are dropping, but many Canadians are still feeling the hangover of the highest lending costs in a generation.

Variable mortgage rates regaining traction as Bank of Canada cuts rates
The decision by the Bank of Canada to cut its key interest rate target this week was good news for borrowers with variable-rate mortgages, bringing back some of the shine for the once popular loans.

Interest rate cut welcome news for homeowners with variable-rate mortgages: experts
Real estate experts say the Bank of Canada’s third consecutive interest rate cut is welcome news for variable-rate mortgage holders, but it could still be some time before significant demand returns to the market.

Will the Bank of Canada deliver another 175 bps in rate cuts? TD and CIBC say yes
Borrowers may have welcomed recent rate cuts from the Bank of Canada, but TD Bank and CIBC predict an additional 175 bps of easing by the end of 2025, lowering the overnight rate to 2.75%.

Prime rate falls to 6.70%, making variable rate mortgages more attractive
Variable-rate mortgage holders received positive news on Wednesday as major lenders reduced their prime rate following the Bank of Canada’s rate cut earlier in the day.

The latest mortgage news: Variable-rate mortgages are making a comeback
Mortgage borrowers are increasingly opting for variable-rate mortgages, a trend that is expected to continue as the Bank of Canada continues to lower interest rates.

OSFI doubles down on keeping stress test for uninsured mortgage switches
The head of Canada’s banking regulator stood firm in rejecting renewed calls to remove the mortgage stress test on uninsured mortgage switches.