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.

Canadian house with mortgage renewal paperwork
Mortgage News

Mortgage Renewal in Canada 2026: 7 Tips to Get the Best Rate

Hundreds of thousands of Canadian mortgages are up for renewal in 2026. Here's how to negotiate, shop around, and avoid the traps that cost homeowners thousands.

Priya Nair

March 25, 2026

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Bank of Canada Rate Cuts: Mortgage Impact in 2026

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Priya Nair

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Mortgage News

Fixed vs Variable Mortgage Rate in Canada 2026

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Sarah Chen

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Guides

Is a Credit Card Annual Fee Worth It in Canada?

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Sarah Mitchell

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Guides

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Love eating out? These Canadian credit cards earn the most points and cash back at restaurants — from fast food to fine dining.

Marcus Williams

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