Countryside Financial

Variable Mortgages Are Back: Are They Worth The Risk?

After several years of volatility in Canadian interest rates, variable-rate mortgages are once again attracting attention. With variable rates now priced competitively against fixed-rate options, borrowers are asking a familiar question: Is it time to consider variable again? The answer depends less on predicting exactly where interest rates will go and more on understanding your financial position, tolerance for risk, and future plans. Read more ->

https://www.countrysidefinancial.ca/variable-mortgages-are-back-are-they-worth-the-risk/

Bonds face a bigger threat than the Fed as global rates climb - CMT News As investors debate whether and when the Federal Reserve will raise interest rates, market expectations for further tightening are building around the world — and spelling trouble for bonds.

NEW: The Bank of Canada has held its policy rate steady at 2.25%, as expected, leaving borrowing costs unchanged for variable-rate mortgage holders and borrowers with lines of credit tied to prime.

Purchase + Improvement Mortgage (w/ Cash-Back, too)

More details here -> https://www.countrysidefinancial.ca/purchase-improvement-mortgage-w-cash-back-too/

Mortgage rates are rising: why breaking your mortgage could cost more - CMT News As bond yields push fixed rates higher, lenders are using posted rates as a separate lever to influence how mortgage penalties are calculated.

NEW: As expected, the Bank of Canada leaves its policy rate unchanged at 2.25%, meaning no change to the prime rate for variable-rate borrowers.

Full statement here: https://www.bankofcanada.ca/2026/01/fad-press-release-2026-01-28/

Lowest mortgage rates rise above 4% as strong data drives bond yields higher - CMT News A sharp rise in bond yields has pushed fixed mortgage rates higher, undoing weeks of declines and signalling a stubborn pricing floor for borrowers.

The Bank of Canada has held its policy rate at 2.25%, a move widely expected by markets. Lenders’ prime rates remain at 4.45%, keeping borrowing costs steady for variable-rate borrowers.

Bank of Canada expected to hold rates this week as Fed moves toward another cut - CMT News The Bank of Canada is widely expected to keep rates unchanged Wednesday, even as the U.S. Federal Reserve delivers another cut.

BREAKING: The Bank of Canada has lowered its policy rate by 25 bps to 2.25%, as expected. This marks the ninth cut since last year’s 5% peak.

https://www.bankofcanada.ca/2025/10/fad-press-release-2025-10-29/