Insights from our mortgage rates market guide tracking prime rates, forecasts, and market trends affecting borrowers.
If you’re planning to buy a home, renew your mortgage, or simply trying to make sense of where borrowing costs are headed in 2026, you’ve probably had your eye on interest rates— and for good reason. The prime rate plays a big role in what you’ll pay to borrow, especially if you have a variable-rate…
Why the Next Few Years Matter for Mortgage Rates If you’re looking to buy, renew, or refinance a mortgage between now and 2027, these next few years could have a big impact on what that costs you. Canada’s economy is shifting gears. Inflation is neutral or easing, interest rates have likely peaked, and all eyes…
Canada’s big banks have trimmed their prime interest rate to 4.95%. This benchmark rate directly impacts what you’ll pay on variable-rate mortgages, HELOCs, and many lines of credit or personal loans. Whether you’re renewing your mortgage or taking out a new line of credit, staying informed on prime interest rates in Canada can save you…
