Ken Wedlake

Decide between a fixed-rate mortgage, offering stable payments, or a variable-rate mortgage with fluctuating rates.Consider the mortgage term length; a typical term is five years, but it can vary.

Smart Mortgage: How Should You Choose?

Bank holds key rate at 2.75% due to trade uncertainty and rising short-term inflation.Outlook explores paths to steady growth despite global uncertainties.​The Bank of Canada's next interest rate announcement is scheduled for Wednesday, June 4, 2025.