following the Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the Bank of Canada ...

Your mortgage rate and payment are not affected by changes to the Bank of Canada’s (BoC) overnight rate. However, if you have a variable-rate mortgage, your mortgage payments change in sync with ...

Once upon a time, mortgagors nearing the end of their term would open their bank’s renewal letter, see offers based on ...

If “a trade war torpedoes the economy,” the Bank of Canada could slash rates as low as 1.5 per cent, increasing the savings ...

Canada’s mortgage market is changing all the time. Bookmark this page to find the top national insured and uninsured mortgage rates, updated daily, based on data from MortgageLogic.news. Postmedia and ...

Canadian inflation would have accelerated further in January were it not for Ottawa’s tax holiday, putting the Bank of Canada ...

Homeowners expect monthly mortgage payments to rise upon renewal in 2025, according to a new survey. As more than one million ...

With 85% of the approximately 1.2 million mortgages affected having been secured when the Bank of Canada’s key lending rate ...

Of those bracing for higher payments, 60% plan to reduce or eliminate discretionary spending, the survey found.