What Canada's Latest Inflation Report Means for Ontario Mortgage Borrowers The latest inflation numbers are encouraging news for Ontario homeowners, buyers, and anyone watching mortgage rates closely. Statistics Canada reported that annual inflation fell to 2.8% in...

Bank of Canada Holds Rate at 2.25%: What It Means for You July 15, 2026 Today, the Bank of Canada announced that it is holding its overnight lending rate at 2.25%, marking another pause in its rate cycle as policymakers continue to balance inflation concerns against a...

  Bank of Canada Hold Rates - June 2026 What it Means for Wilmot & KW Homeowners   If you were waiting to see if today would bring some relief (or a surprise hike), here’s the headline: The Bank of Canada held its key interest rate at 2.25% again on June...

What Happened in Today’s Announcement   The Bank of Canada (BoC) kept the overnight rate at 2.25% for the fourth consecutive time. This decision aligns with expectations from economists and markets. Governor Tiff Macklem noted that the current rate is likely...

Bond yields have been drifting lower, and that’s creating early signs of downward pressure on fixed mortgage rates. Even though most fixed terms are still hovering near 4-4.5%, economists point out that the underlying data tells a more nuanced story. Recent jobs...

Canada’s inflation story took a meaningful turn in January, offering a clearer signal to homeowners, buyers, and anyone watching mortgage rates. With annual inflation easing to 2.3%, down from 2.4% in December, the data shows a gradual cooling trend that economists...