Mardi Hassell, Compass Mortgage Group

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! ❤️

04/03/2025

Spec Tax. Ugh...

New Changes to BC's Speculation and Vacancy Tax coming in 2026. How might your property be affected? Learn more from PM Lawyer, Kyle Ramsey.

03/12/2025

Well look at that, another drop! Bad economic news is good news for mortgages....

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