Mortgage Rates Archives | The Mortgage Centre

January 28, 2026February 8, 2026Mortgage News Canada, Mortgage Rates, Variable-Rate

January 28, 2026 Bank of Canada Rate Announcement

The Bank of Canada announced on January 28, 2026 no change to the overnight rate, which remains at 2.25%. Making the prime lending rate 4.45%. […]

January 1, 2026January 10, 2026Interest Rates, Mortgage News Canada, Mortgage Rates, Refinance

2026 Mortgage Rate Forecast

Canada’s mortgage rate outlook for 2026 looks very different from what it did a couple of years ago. After a stretch of higher borrowing costs […]

November 4, 2025November 4, 2025Mortgage Rates, Mortgage Renewal, Mortgage Tips, Variable-Rate

Variable or Fixed-Rate Mortgage?

Variable or fixed-rate mortgage? This has been a long-debated topic and a pressing question for many Canadian homeowners. Have you thought about what type of […]

October 29, 2025October 29, 2025Mortgage News Canada, Mortgage Rates, Variable-Rate

October 29, 2025 Bank of Canada Rate Announcement

The Bank of Canada lowered its key overnight interest rate to 2.25%, making the prime lending rate 4.45%. While the Bank isn’t ruling out further […]

May 23, 2025September 14, 2025Home Buying Experience, Interest Rates, Mortgage Guidelines, Mortgage Rates, Mortgage Tips, Pre-approval

Spruce Grove Mortgage Calculator for Buying a Home | The Mortgage Centre

Spruce Grove Mortgage Renewal Made Simple with Our Calculator Wondering what your monthly mortgage payments might look like? Our Canadian Mortgage Calculator is designed to give […]

March 12, 2025Mortgage News Canada, Mortgage Rates, Variable-Rate

March 12, 2025 Bank of Canada Rate Announcement

The Bank of Canada’s rate announcement confirms a reduction in its key interest rate to 2.75%, while the prime lending rate—which impacts variable-rate mortgages, […]

December 11, 2024December 11, 2024Interest Rates, Mortgage Insurance, Mortgage News Canada, Mortgage Rates, Pre-approval, Variable-Rate

December 11, 2024 Bank of Canada Rate Announcement

On December 11, 2024, the Bank of Canada cut its key interest rate again by 0.5%, making it 3.25%. This change reduces the prime lending […]

October 23, 2024December 11, 2024Mortgage Guidelines, Mortgage News Canada, Mortgage Rates, Variable-Rate

October 23, 2024 Bank of Canada Rate Announcement

The Canadian real estate market is undergoing a transformative period, driven by a mix of favourable policy updates and economic changes. On October 23, 2024, […]