The Mortgage Centre » Mortgage Rates
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The Mortgage Centre has access to a number of lenders that provide a wide range of mortgage products and terms to choose from, including major banks, credit unions, mortgage companies and private lenders. Whether you are purchasing your first home or renewing your mortgage years down the road, we're here to help you with all of your mortgage needs. Learn more about mortgage rates, market..
The Mortgage Centre » Mortgage Rates
3M ago
The Bank of Canada announced today that its key overnight interest rate will remain at 5%. This means the prime lending rate will remain at […]
The post January 24, 2024 Bank of Canada Rate Announcement appeared first on The Mortgage Centre ..read more
The Mortgage Centre » Mortgage Rates
5M ago
The Bank of Canada announced it will keep its key interest rate at 5%, with the Bank Rate at 5¼%. This decision will keep the […]
The post Rate Announcement December 6, 2023 appeared first on The Mortgage Centre ..read more
The Mortgage Centre » Mortgage Rates
6M ago
We can all relax once more with today’s rate announcement. The Bank of Canada announced it’s leaving the overnight target rate unchanged at 5% for […]
The post Rate Announcement October 25, 2023 appeared first on The Mortgage Centre ..read more
The Mortgage Centre » Mortgage Rates
8M ago
Here’s the scoop on the most recent rate announcement. The Bank of Canada announced it’s leaving the overnight target rate unchanged at 5%. This decision […]
The post Rate Announcement September 6, 2023 appeared first on The Mortgage Centre ..read more
The Mortgage Centre » Mortgage Rates
10M ago
The Bank of Canada announced its latest interest rate decision this morning, along with new economic projections. Unsurprisingly, the benchmark rate increased a quarter percent, […]
The post Rate Announcement July 12, 2023 appeared first on The Mortgage Centre ..read more
The Mortgage Centre » Mortgage Rates
11M ago
If you are planning on purchasing a home or need to renew your existing mortgage, it is essential to understand the variables that influence mortgage […]
The post Factors That Impact Mortgage Rates appeared first on The Mortgage Centre ..read more
The Mortgage Centre » Mortgage Rates
1y ago
On April 12, 2023, the Bank of Canada announced that it would maintain its key interest rate. The overnight target rate remains at 4.5%, keeping […]
The post Rate Announcement April 12, 2023 appeared first on The Mortgage Centre ..read more
The Mortgage Centre » Mortgage Rates
1y ago
For the first time in a year, the Bank of Canada has left its overnight target rate unchanged. The overnight target rate remains at 4.5%, […]
The post Rate Announcement March 8, 2023 appeared first on The Mortgage Centre ..read more
The Mortgage Centre » Mortgage Rates
1y ago
It’s essential to understand all the elements that affect mortgage rates in Canada. Here’s some insight into what interest rates are forecasted to do. On […]
The post How Long Can Interest Rates Stay Low? appeared first on The Mortgage Centre ..read more
The Mortgage Centre » Mortgage Rates
1y ago
The Bank of Canada has made six increases to the policy interest rate over the past year. Prime went up another 0.5%, in October, bringing […]
The post What to Do With Your Variable-Rate appeared first on The Mortgage Centre ..read more