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Bank of Canada Rate Announcement
The Bank of Canada announces interest rate decisions eight times each year. In 2026, those dates are scheduled for January 28, March 18, April 29, June 10, July 15, September 2, October 28, and December 9. These announcements can influence variable rates, borrowing costs, and overall market sentiment. Staying informed helps you make confident, well timed financial decisions. If you want to understand how rate changes may affect your mortgage or plans, a quick conversation can go a long way.

The Bank of Canada has lowered its prime rate to 5.20%. If you’re in a variable rate mortgage or a line of credit, expect your rates to go down next month. If you would like to discuss your upcoming mortgage renewal, purchase or refinance- reach out I would be happy to discuss your personal situation.

Staying ahead of digital changes is important, but so is securing your financial future. If it's been a while since you last reviewed your mortgage, now’s the perfect time to ensure you're getting the best rates and terms possible. A quick check could save you thousands over time!

Ready to make sure your mortgage still fits your financial goals? Contact us today to schedule a review!

[email protected]

If your a First Time Homebuyer, If you have not owned owned a home in over 4 years, or if you are divorced - this might be for you to get into the housing market.

Reach out to me about your own personal situation - let's talk.

Attention Homeowners and First-Time Homebuyers!

If you have a variable-rate mortgage or line of credit, mark these Bank of Canada meeting dates in your calendar! The decisions made at these meetings can affect interest rates, which could directly impact your monthly payments.

Are you approaching your mortgage renewal? Or perhaps you're a first-time homebuyer? Now is a great time to review your financial situation to ensure you're in the best position for your goals.

Whether it's a fixed mortgage or a variable rate mortgage, I’m here to help guide you through these potential changes and discuss options that may be available to you.

Feel free to reach out if you want to talk about your personal mortgage situation!

The Bank of Canada has reduced Prime by .25 basis points - this is great for anyone who has a variable rate mortgage or has a line of credit product.

If your mortgage is coming up for renewal we would be happy to chat about your renewal to save you money - and help you choose the right product.

Give us a call at 416 488 2819 or email us at [email protected]

Wishing everyone a great start to the first day of spring.

The Bank of Canada has increased prime from 6.95% to 7.20% - anyone in a variable rate or line of credit product expect your payments to go up.
If your mortgage is coming up for renewal, look at a shorter term in anticipation that rates will be lower next year.
If you have any questions, you can reach out to discuss your personal needs.

Is your mortgage coming up for renewal?.

Don't just sign your renewal, without contacting us to discuss your personal situation.