Mardi Hassell, Compass Mortgage Group

09/03/2026

Same-same.. no change to variable or line of credit rates with yesterday's Bank of Canada announcements. Inflation and unemployment numbers could affect the next announcement on October 28, 2026.

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

06/10/2026

Bank of Canada announced that they will leave the overnight rate as is.. carry on.. business as usual! The next scheduled announcement is July 15...

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

04/30/2026

No change to interest rates after the Bank of Canada announcement today...

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

01/28/2026

Same-same. No drops, no increases today.. next announcement is March 18, 2026.

The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

10/29/2025

The Bank of Canada dropped the overnight rate this morning by .25%, which affects variable-rate mortgages and lines of credit. How much longer will the rates stay as they are? Here's what the big banks are predicting.. increases coming towards the end of 2026...
https://www.canadianmortgagetrends.com/2025/10/canadas-big-banks-diverge-on-2026-rate-forecasts-as-easing-cycle-nears-its-end/

09/17/2025

GOOD morning! The Bank of Canada announced a rate cut this morning.. .25%. That means that variable-rate mortgage holders will keep about $14 per $100,000 of mortgage money in their pockets. Line of credit interest rates will also drop by .25%. The next Bank of Canada announcement about the overnight interest rate will be on October 29, 2025.

09:45 (ET) On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision.

07/30/2025

Same-Same. Next chance for a rate drop is September 17!

06/04/2025

Holding onto the same variable rates.. No change with today’s Bank of Canada announcement.

04/16/2025

What a crazy time! Interest rates will stay the same on variable rate mortgages and lines of credit... until the next announcement on Jun 4 anyway! Buy your local economist a drink!

https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.bankofcanada.ca%2F2025%2F04%2Ffad-press-release-2025-04-16%2F%3Ffbclid%3DIwZXh0bgNhZW0CMTEAAR5AzIzKkzMnJcWLMvFfJYCcMaPMn4mJ-LLhlo3CQAESC59X33B7tGv79MwifQ_aem_uinDW2JSsAhtmuf62hu8_Q&h=AT3vUmOLun9Yx7PIllWu0EQMipqhWuqkOBoGn8ckoCGDpZ_oQBssB6W3cFRxUaG-TmJow6ndVhBm2rByMubm1AQFmV6Objc_0ifn2p4gfu-XSMpZqf8ihbxhkpg9urABK7RRFUZlel7HlADYXXZXGr3s8aUDWw&__tn__=H-R&c[0]=AT0eNhkvX972XIKKnOVNO2rUSWgU375_zBQYHD37CdTMDiVMFAoq-SdJjVzb-tXJJ4WC7P9eRbPGLcq5LGQXvfMoZwa_Q0uETyxpi3MxqEgi3RHS32Q5LTJlLfqAOJitL3js-2g6AW8lo_P0ZwbHf8SnJTe-xPhKBlsgs5tINZ5tUUfa

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

04/10/2025

Nice surprise this morning.. thank you! ❤️