Blog tagged as Interest Rates

The Bank of Canada held its rate at 2.75% amid U.S. trade uncertainty, slowing growth, and mixed inflation pressures. Here’s what it means for Canadians.

When rates drop before closing, you may save on interest or qualify for more. Learn how float‑downs work, lender rules, and how timing impacts your mortgage.

Learn how variable and adjustable rate mortgages differ in payment behaviour, risk, and cash‑flow impact so you can choose the option that fits your financial comfort.

APR reflects the true cost of borrowing by including interest plus all mortgage‑related fees. Learn how APR differs from interest rate and why it matters.

The Bank of Canada cut its policy rate by 0.25%, lowering prime to 6.95%. Learn how this affects variable payments, inflation risks, fixed rates, and what may come next.