Countryside Financial

Purchase + Improvement Mortgage (w/ Cash-Back, too)

More details here -> https://www.countrysidefinancial.ca/purchase-improvement-mortgage-w-cash-back-too/

Mortgage rates are rising: why breaking your mortgage could cost more - CMT News As bond yields push fixed rates higher, lenders are using posted rates as a separate lever to influence how mortgage penalties are calculated.

NEW: As expected, the Bank of Canada leaves its policy rate unchanged at 2.25%, meaning no change to the prime rate for variable-rate borrowers.

Full statement here: https://www.bankofcanada.ca/2026/01/fad-press-release-2026-01-28/

Lowest mortgage rates rise above 4% as strong data drives bond yields higher - CMT News A sharp rise in bond yields has pushed fixed mortgage rates higher, undoing weeks of declines and signalling a stubborn pricing floor for borrowers.

The Bank of Canada has held its policy rate at 2.25%, a move widely expected by markets. Lenders’ prime rates remain at 4.45%, keeping borrowing costs steady for variable-rate borrowers.

Bank of Canada expected to hold rates this week as Fed moves toward another cut - CMT News The Bank of Canada is widely expected to keep rates unchanged Wednesday, even as the U.S. Federal Reserve delivers another cut.

BREAKING: The Bank of Canada has lowered its policy rate by 25 bps to 2.25%, as expected. This marks the ninth cut since last year’s 5% peak.

https://www.bankofcanada.ca/2025/10/fad-press-release-2025-10-29/

CIBC’s Benjamin Tal says Canada is already in a per-capita recession and is calling on the Bank of Canada to cut rates — and on the federal government to expand GST/HST relief to all homebuyers.



🔗 https://www.canadianmortgagetrends.com/2025/10/cibcs-ben-tal-canada-is-in-a-per-capita-recession-and-needs-rate-cuts-now/

Will the BoC start raising rates again in 2026? Canada’s big banks can’t agree—and bond yields suggest fixed mortgage rates may not have much room left to fall.

🔗 https://www.canadianmortgagetrends.com/2025/10/canadas-big-banks-diverge-on-2026-rate-forecasts-as-easing-cycle-nears-its-end/

Did the bank say no? Or, do you need more flexibility in your new mortgage?

https://www.countrysidefinancial.ca/did-the-bank-say-no-or-do-you-need-more-flexibility-in-your-new-mortgage/