Variable Mortgage Rates

• Canada’s housing market unlikely to cool as new home buyers opt for variable loans

  The market share of new variable-rate mortgages surged to 51 per cent in July, the highest level since the Bank of Canada began tracking the data in 2013.

  Consumer

  Oct 14, 2021
  
• Fixed mortgage rates are on the rise, mortgage brokers warn

  After the record lows of last summer, fixed mortgage rates are starting to climb back up as the economy's outlook improves.

  Money

  Feb 27, 2021
  
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• TD Bank joins BMO in offering 2.45% variable mortgage rate

  The limited-time offer represents the steepest widely advertised discounts ever offered by the big banks, according to one mortgage specialist.

  Money

  May 15, 2018
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• Over half of Canadians are $200 or less away from not being able to pay bills

  And many appear to have a shaky grasp of how interest rates affect debt payments.

  Canada

  May 8, 2017
• Could you handle a 33 per cent interest-rate hike on your debt? If not, start paying it off now

  The Bank of Canada is likely to start raising rates soon -- and many Canadians aren't ready

  Canada

  Apr 11, 2017