That may not be such bad news for mortgage shoppers. With the Bank of Canada cutting its overnight rate by anther 50 basis points on October 23, variable mortgage rates are looking like the better ...

Your mortgage rate and payment are not affected by changes to the Bank of Canada’s (BoC) overnight rate. However, if you have a variable-rate mortgage, your mortgage payments change in sync with ...

following the Bank of Canada rate announcement. BMO’s prime rate is the basis for its variable-rate lending products, like mortgages, credit cards and lines of credit. When the Bank of Canada ...

HSBC will become the first 'big six' lender to offer a five-year fixed-rate mortgage at below 4% since ... City markets see the Bank of England cutting rates to 4% or lower this year, with the ...

Your mortgage rate and payment are not affected by changes to the Bank of Canada’s (BoC) overnight rate. However, if you have a variable-rate mortgage, your mortgage payments change in sync with ...

Two major mortgage lenders ... could be able to secure a rate with the bank at 4.44 per cent, down from 4.73 per cent. While ...

But with the rapid increases in the policy interest rate by the Bank of Canada since March 2022, variable-rate mortgage borrowers have faced historically large interest rate increases that make ...

HSBC has said it will be increasing some of its cheapest mortgage rates - though more expensive deals will be cut. From tomorrow, the bank will hike rates across its lowest-priced products ...

Interest-rate cuts will gradually spur households in Canada to pick up spending once the impact from sharply higher mortgage ...

The average two-year fixed mortgage rate is now 5.09%, unchanged from last week, while a five-year deal has an average rate ...

HSBC has joined two other major lenders in reducing mortgage rates following hints of a summer base rate cut by the Bank of England. Barclays cut the cost of its fixed-rate home loans for new ...