Finding the right mortgage is vital to achieving ... even though the Bank of Canada is starting to soften its high key overnight lending rate. High rates impact new homebuyers entering the market ...

A rare divergence in Canada’s mortgage market is giving homeowners more options, but those renewing in 2025 should understand what’s driving these rate shifts ...

The prime rate in Canada, as of Mar. 13, 2025, is 4.95%. When you’re considering a new line of credit or a mortgage with a variable ... the prime rate hit a record high of 22.75% in 1981 and ...

Impact Of Rate Changes On Mortgage Industry. When the policy rate decreases, variable-rate mortgage interest rates follow ...

Mortgage rates were down due to the Bank ... These were all markets in Canada where buyers are less constrained by high home prices—all with an average below $600,000 —and with a trend of ...