While variable rates expected to hold steady after BoC decision, fixed rates are facing upward pressure from rising bond ...
A sharp rise in bond yields has pushed fixed mortgage rates higher, undoing weeks of declines and signalling a stubborn ...
For a while, it looked like mortgage rates in Canada were finally settling into a more affordable pattern. Fixed rates had been drifting downward, and variable rates were looking more attractive — ...
On March 12, the Bank of Canada announced a policy interest rate decrease from 3% to 2.75%. This comes just a month and a half since it lowered rates from 3.25% to 3%. Inflation has risen so far in ...
Desjardins's prime rate is 4.70%. The prime rate underpins variable-rate mortgage products. When the Bank of Canada adjusts its overnight rate, Desjardins's prime rate increases or decreases by the ...
Choosing between a fixed-rate and variable-rate loan can affect how much you pay over time and how easily you can budget each month. Fixed-rate loans offer predictable monthly payments and protection ...
Mortgage brokers may offer rates that are lower than a bank's posted or discounted rates. Browse the table below and click the 'Explore Quote' button to start a conversation with a mortgage broker, if ...