It's helpful for homeowners or prospective homebuyers to be in the know about the latest mortgage updates in Canada.

The Bank of Canada on Wednesday cut its overnight interest rate by 25 basis points, as widely expected for a second consecutive time, to support an economy facing pressure from U.S. tariffs. The bank ...

As of December 2025, the Bank of Canada interest rate remains 2.25%. With just three weeks before year-end, the Bank of Canada did not offer additional relief to borrowers aftter two consecutive rate ...