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The Bank of Canada Hit Pause—Here’s What It Means for Your Mortgage

  • 2 min read

When the Bank of Canada hits pause on interest rates, the headlines roll—but what does that actually mean for your mortgage? Whether you’re floating with the variable tide or gearing up for renewal, here’s what you need to know (and what to ignore). This isn’t just rate watching—it’s your financial future, and we’re keeping it cool, clear, and confidently in your corner.

Rate Cut Today, Higher Rates Tomorrow? The Mortgage Market’s Uncertain Future

  • 4 min read

The Bank of Canada has just cut the overnight lending rate by 0.25%, bringing the prime rate down to 5.20%, effective immediately. While this rate cut is helpful today, there’s a growing risk that U.S. tariffs on Canadian goods could trigger inflation, forcing the Bank of Canada to raise rates again.