Tag: variable rate mortgages

• Bank of Canada Raises Interest Rate to 2.5% as Governor Warns Inflation Could Spread Across Canada

  

  Canada’s central bank has raised interest rates for the first time in a year, bringing its benchmark rate to 2.5% as concerns grow over persistent inflation and rising energy prices. The Bank of Canada announced a 0.25 percentage-point increase to its policy interest rate on October 28, 2026, raising it from 2.25% to 2.5%. Governor…

  Kaleylangille

  October 28, 2026

  alberta, british columbia, East Coast, ontario

  bank of canada, Bank of Canada interest rate, Canada inflation, Canada interest rates 2026, Canadian economy, Canadian housing market, Canadian mortgage rates, fixed-rate mortgages, gta housing market, housing affordability, inflation rate Canada, Interest Rate Hike, mortgage rates Canada, mortgage renewals, October 2026 Rate Decision, ontario housing market, real estate news Canada, Tiff Macklem, toronto real estate, variable rate mortgages

• What Experts Predict for the Dec 10 Bank of Canada Rate Announcement

  

  The Bank of Canada’s next interest rate decision on December 10, 2025 is one of the most anticipated announcements of the year. After cutting the overnight rate to 2.25% in October, economists are now divided on whether the Bank will continue easing or pause to assess the economy. Most experts agree on one thing: a hold is now…

  Kaleylangille

  December 3, 2025

  alberta, british columbia, East Coast, ontario, Uncategorized

  bank of canada, canada housing market, Canadian economy, December 10 2025, economic forecast, fixed-rate mortgages, GDP Canada, inflation Canada, interest-rates, mortgage rates Canada, ontario housing market, rate announcement, rate hold at 2.25%, variable rate mortgages