Current Market Snapshot Bank of Canada Overnight Rate: 2.50 (as of September 17, 2025) Prime Rate: 4.70% Typical 5-Year Fixed Rate (insured): 3.99% Typical Variable Rate (broker channel): 3.90% (Prime -.80%) Note: These are general market benchmarks. Your personal rate will depend on factors like credit, income, down payment, and property type. What This Means […]

Good news for Ontario homeowners—mortgage rates are easing, and new policies make renewing simpler. Current Mortgage Rates (February 2025) Thanks to recent Bank of Canada rate cuts, mortgage rates have dropped slightly: 1-year fixed: ~5.84% 3-year fixed: ~4.64% 5-year fixed: ~4.29% 5-year variable: ~4.45% New Policies Helping Borrowers ✅ No Stress Test for Renewals – […]