Mortgage Rate Updates

The Bank of Canada announced Wednesday it will maintain its target overnight rate at 0.25%, noting optimism about economic recovery as a result of worldwide vaccination progress.   The target for the overnight rate has been held … Read More

As expected, the Bank of Canada has left its overnight target rate unchanged at 0.25 percent. It’s been maintained at this record low since March 2020, when COVID-19 was first declared a global pandemic to help … Read More

The Bank of Canada announced today it’s keeping its overnight rate steady at a record-low 0.25 percent. While the central bank doesn’t directly set mortgage rates, its trendsetting rate does influence what Canadians pay on variable-rate … Read More

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.

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.

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