Recent News & Notes
Mar. 14, 2025
Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy
Jan. 30, 2025
Bank of Canada cuts key rate to 3% as tariffs threat loom
Dec. 11, 2024
Bank of Canada delivers jumbo interest rate cut, signals slower pace of cuts moving forward
Oct. 24, 2024
BoC delivers half percentage point rate cut, says it now must keep inflation at 2%
Sep. 06, 2024
Bank of Canada cuts key interest rate again, signals more cuts ahead
Current Mortgage Rates
| Term | Rate |
| Prime Rate (P) | 6.70% |
| Closed Variable | P – 0.90% |
| Open Variable | P + 3.30% |
| 6 Month Closed | 6.44% |
| 1 Year Closed | 6.04% |
| 2 Year Closed | 5.69% |
| 3 Year Closed | 5.29% |
| 4 Year Closed | 4.64% |
| 5 Year Closed | 4.34% |
| 7 Year Closed | 5.74% |
| 10 Year Closed | 5.94% |
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As of April 21, 2023. Rates subject to change without notice, OAC, E&OE |
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