Mortgage Rate Updates

The Bank of Canada announced today that it will be increasing the key overnight rate by 50 basis points from 3.75% to 4.25%. This was widely …

The Bank of Canada announced today that it will be increasing the key overnight rate by 50 basis points from 3.25% to 3.75%. This was a surprise …

The Bank of Canada announced today that it will be increasing the key overnight rate by 75 basis points, from 2.5% to 3.25%. The Bank continues …

The Bank of Canada has announced it will be keeping its target for the overnight rate at 0.25%, marking almost 12 months since it initially slashed rates in response to the COVID-19 pandemic. The Bank initially … Read More

The Bank of Canada announced it is keeping its target for the overnight rate stable, at 0.25%. This is the effective lower limit of the overnight rate.

The Bank of Canada announced it is keeping its target for the overnight rate stable, at 0.25%. This is the effective lower limit of the overnight rate.