Canada • Mortgages • Banks
CanadianBankNews brings together mortgage rates from major lenders, independent commentary, and AI-powered summaries of Canadian banking news. Use the affordability calculator to see how today's rates affect your potential mortgage.
Sample of posted or advertised rates from major lenders. Always confirm with the bank or your broker.
| Bank | 5-yr fixed | Variable | Apply |
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Mortgage guide
Not sure whether to lock in a fixed rate or ride a variable rate? This quick guide explains the tradeoffs Canadians actually care about: payment stability, renewal risk, and how Bank of Canada moves can affect you.
First-time buyers
Canada now offers three powerful savings options for buying your first home: the FHSA, RRSP, and TFSA. Each comes with different tax rules, withdrawal limits, and long-term tradeoffs.
Latest news
AI summary
Bank of Canada • 2026-12-09
The Bank of Canada will announce its overnight rate target on eight scheduled dates throughout the year. These announcements are accompanied by press releases d
The Bank of Canada will announce its overnight rate target on eight scheduled dates throughout the year. These announcements are accompanied by press releases detailing the rationale behind the rate decision. The next announcement is scheduled for December 9, 2026.
Bank of Canada • 2026-11-09
The Bank of Canada conducts a quarterly Market Participants Survey to gather insights on macroeconomic and financial variables, as well as monetary policy. This
Bank of Canada • 2026-10-28
The Bank of Canada will announce its overnight rate target on eight scheduled dates annually, accompanied by a press release detailing the decision's rationale.