Recent News & Notes
Dec. 10, 2025
Bank of Canada leaves key interest rate unchanged at 2.25%
Nov. 03, 2025
Bank of Canada lowers key interest rate but signals cuts may be done
Sep. 19, 2025
Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift
Jul. 30, 2025
Bank of Canada holds key rate at 2.75% as economy shows resilience to tariffs
Jun. 05, 2025
Bank of Canada holds key rate at 2.75% as tariff uncertainty persists
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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