Скачать или смотреть Bank of Canada Holds Rates — What It Means for Homeowners & Buyers

The Bank of Canada kept the overnight rate at 2.25% today, keeping borrowing costs unchanged.
What this means for you:
Variable-rate mortgages: No change to your payment for now.
HELOCs: Prime rate stays the same.
Fixed rates: May still move up based on the bond market — not the BoC. Today’s 5-year Government of Canada bond yield is ~3.08%, the key driver of fixed mortgage pricing.
Homebuyers: Stability is good news. With rates holding, pre-approvals and qualification amounts remain steady.
Renewals: Great time to compare lenders — many are offering competitive terms heading into 2026.
Why the BoC held:
The economy is performing better than expected, and inflation is staying close to target, giving the Bank room to pause and watch upcoming data.
If you’re wondering how today’s decision impacts your mortgage, renewal, or upcoming purchase, feel free to reach out — I’m happy to run updated numbers for you.


#Inflation #mortgage #realestate